Over the past two years, I have been a Visiting Scholar at the International Monetary Fund (IMF). My primary focus has been to model and understand the macroeconomic implications of climate-induced shocks.
The initial project delved into the interaction between ageing and climate change. The main findings from this research have been published in the IMF working paper series, and are available for review here. This work is an extension of my previous work at the European Central Bank (link).
Building on this foundation, my subsequent project at the IMF centers around recalibrating monetary policy to effectively counteract climate-related challenges. The paper can be accessed from here: link
Should you have any questions or require further details regarding these projects, please don't hesitate to get in touch.
PAPERS:
Published
Unemployment Volatility in a Generalised Staggered Nash Wage Bargaining Framework. Canadian Journal of Economics, forthcoming,
The Role of Heterogeneity in Price Rigidities for Delayed Nominal Exchange Rate Overshooting (with Dudley Cooke), Journal of International Money and Finance, 2022
A Case Against a Four Percent Inflation Target (with Tony Yates), Journal of Money, Credit and Banking, August 2021.
Risk, Intermediate Input Prices and Missing Deflation During the Great Recession (with Ahmed Pirzada), Economic Inquiry, January 2020.
The Fiscal Multiplier in a Credit-Constrained New Keynesian Economy, (with Jasmin Sin), Scandinavian Journal of Economics, January 2018.
Does U.S. Monetary Policy Respond to Oil and Food Prices?, Journal of International, Money and Finance, April 2017.
Interest Rate Effects of Demographic Changes in a New Keynesian Life-Cycle Framework, Macroeconomic Dynamics, January 2016.
Heterogeneity in Price Stickiness and The Reset Inflation Puzzle, Journal of Monetary Economics, November 2015.
Sectoral Differences In Price-Adjustment Frequencies And Optimal Monetary Policy: A Note," Macroeconomic Dynamics, April 2015.
Micro-Data on Nominal Rigidity, Inflation Persistence and Optimal Monetary Policy, The B.E. Journal of Macroeconomics, July 2011.
“Contract length heterogeneity and the persistence of monetary shocks in a dynamic generalized Taylor economy” (with Huw Dixon). European Economic Review, February 2011.
“Optimal Monetary Policy in the Generalized Taylor Economy”. Journal of Economic Dynamics and Control, 34, October 2010.
“Can we explain inflation persistence in a way that is consistent with the micro-evidence on nominal rigidity?” (with Huw Dixon), Journal of Money, Credit and Banking, 42(1), February 2010.
“How to Compare Taylor and Calvo Contracts: A Comment on Michael Kiley” (with Huw Dixon), Journal of Money, Credit and Banking, 38(4), June 2006.
Working Papers
Monetary Policy Design with Recurrent Rare Disasters (joint with Vimal Thakoor), coming soon.
How Monetary Policy Shapes Inflation Dynamics: Exploring the Role of the Relative Price Channel, August 2023.
Unraveling the Impact of Higher Uncertainty on Profits and Inflation (joint with Ahmed Pirzada), July 2023.
Macroeconomic Effects of Climate Change in an Aging World (joint with Vimal Thakoor), IMF working paper.
Fiscal Policy in times of increasing uncertainty (December 2022) (joint with Rui Qui).
What are the effects of increasing Inflation on firm pricing and price selection? March 2022.
Papers under revision