Welcome to my web page!
I am an Economist in the Macrofinancial unit in the Strategy, Policy and Review Department of the International Monetary Fund. I am interested in empirical macroeconomics, monetary policy, and the interaction between household debt, housing markets and economic activity.
I am also a Guest Assistant Professor at the Faculty of Economics - University of Coimbra (FEUC), with an affiliation with the Centre for Business and Economics Research (CeBER).
Recent working papers
Financial concerns and the marginal propensity to consume in COVID times: evidence from UK survey data (with Georgina Green), IMF Working Paper WP/22/47, March 2022. [Latest version] [Summary: VoxEU.org and Bank Underground blog].
Consumption Effects of Mortgage Payment Holidays: Evidence during the COVID-19 Pandemic (with Alex Varadi), IMF Working Paper WP/22/44, February 2022. [Online appendix] [Summary: VoxEU.org and Bank Underground blog]
Corporate debt booms, financial constraints, and the investment nexus, Bank of England Working Papers 935, 2021. [Latest version] [Online appendix] [Summary: VoxEU.org and Bank Underground blog]. R&R at the Journal of Applied Econometrics.
Changing supply elasticities and regional housing booms (with Knut Are Aastveit and André Anundsen), Journal of Money, Credit, and Banking, accepted. [Online Appendix] [Media coverage: : The Economist (I), (II), (III), Marginal Revolution] [Summary: VoxEU.org and Bank Underground blog].
Monetary policy and US housing expansions: The case of time-varying supply elasticities, (with Martin Iseringhausen and Frédéric Opitz), Economics Letters 195(C), 2020. [Online appendix] [Summary: VoxEU.org and Bank Underground blog]
One size fits all? Monetary policy and asymmetric household debt cycles in U.S. states, Journal of Money, Credit and Banking 51(5), 1309-1353, 2019. [Online appendix]
Debt overhang and deleveraging in the US household sector: gauging the impact on consumption (with Georgi Krustev), Review of Income and Wealth 64(2), 459-481, 2018. [Supplementary material]
Will US inflation awake from the dead? The role of slack and non-linearities in the Phillips curve (with Ursel Baumann), Journal of Policy Modeling 39(2), 247-271, 2017.