Research Page

I am a Senior Adviser at the Bank of England. I studied Economics at Cardiff (MSc), Cambridge (PhD, 13') and Princeton (Visiting), and Mathematics at King's College London (Diploma). As for my hobbies, I am an international chess master and play the piano.

I am director of the CCBS-MacCaLM macro-finance research workshop (2021 edition forthcoming; 2019 edition; 2018 edition; 2017 edition).

Contact: gabor.pinter [at]; IDEAS; Google Scholar; LinkedIn

Research Interest: Macroeconomics, Finance, Applied Econometrics

Work in Progress:

"Comparing Search Frictions Across Markets" (with Semih Uslu)

"Information Chasing versus Adverse Selection in Over-the-Counter Markets" (with Chaojun Wang and Junyuan Zou)

"Execution Costs in Government Bond Markets" (with Chaojun Wang and Junyuan Zou)

"Informed Trading and the Dynamics of Client-Dealer Connections in Corporate Bond Markets" (with Robert Czech)

"Gender and Firm Dynamics" (with Saleem Bahaj and Angus foulis)

Working Papers:

"Risk Premium Shocks"; Submitted

"Employment and the Collateral Channel of Monetary Policy" (with Saleem Bahaj, Angus Foulis and Paolo Surico); Submitted

"Clients' Connections: Measuring the Role of Private Information in Decentralised Markets" (with Peter Kondor)

Revise & Resubmit at the Journal of Finance

"Collateral Channels and Banking Relationships" (with Gareth Anderson, Matthieu Chavaz, Saleem Bahaj and Angus Foulis)

Revise & Resubmit at the Review of Finance


"Home Values and Firm Behaviour" (with Saleem Bahaj and Angus Foulis)

American Economic Review, 2020; Link to Bank Underground post,

Companion paper with a structural model: "The Residential Collateral Channel: A General Equilibrium Analysis"

"House Prices and Job Losses"

The Economic Journal, 2019; Link to WSJ coverage, Link to Bank Underground post

"What do VARs Tell us about the Impact of a Credit Supply Shock?" (with Haroon Mumtaz and Kostas Theodoridis)

International Economic Review, 2018

"Capital over the Business Cycle: Renting versus Ownership" (with Peter N Gal)

Journal of Money, Credit and Banking, 2017; Winner of the Best Student Paper Award, Cambridge Finance, 2012; Link to Vox

"Do Contractionary Monetary Policy Shocks Expand Shadow Banking?" (with Ben Nelson and Kostas Theodoridis)

Journal of Applied Econometrics, 2017; Link to WSJ; Link to Vox; Link to World Economic Forum

"Forecasting with VAR Models: Fat tails and Stochastic Volatility" (with Jeremy Chiu and Haroon Mumtaz)

International Journal of Forecasting, 2017

Other papers and projects on hold:

"Monetary Transmission Mechanism in the East African Community: An Empirical Investigation" (with H Davoodi and S Dixit) IMF Working Paper 13/39, 2013

"Macroprudential Capital Regulation in General Equilibrium", (with Ben Nelson)

"VAR Models with Non-Gaussian Shocks" (with Jeremy Chiu and Haroon Mumtaz)

"Risk News Shocks and the Business Cycle" (with Kostas Theodoridis and Tony Yates)

R&R, Journal of Banking and Finance

"Monetary Policy and Systemic Risk"

"Productive and Unproductive Leverage" (with Saleem Bahaj, Angus Foulis and Peter N Gal)