Research Page

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

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

Contact: gabor.pinter [at] bankofengland.co.uk; IDEAS

Research Interest: Macroeconomics, Finance, Applied Econometrics

Papers in revision process:

"Macroeconomic Shocks and Risk Premia: Fama meets Sims"

Early version titled "The Macroeconomic Shock with the Highest Price of Risk"

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

Early version titled "The Residential Collateral Channel", Link to Bank Underground post

Revisions requested at the American Economic Review

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

Work in progress:

"Private Information and Client Centrality in the UK Gilt Market" (with Peter Kondor)

"The Employment Effects of Monetary Policy: Macro-Evidence from Firm-level Data" (with Saleem Bahaj, Angus Foulis and Paolo Surico)

Publications:

"House Prices and Job Losses"

The Economic Journal, 2018; 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)