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).
I am director of the CCBS-MacCaLM macro-finance research workshop (2021 edition; 2019 edition; 2018 edition; 2017 edition).
Contact: gabor.pinter [at] bankofengland.co.uk; IDEAS; Google Scholar; LinkedIn
Research Interest: Macroeconomics, Finance, Applied Econometrics
Work in Progress:
"Comparing Search and Intermediation Frictions Across Markets" (with Semih Uslu)
"What Drives Repo Haircuts? Evidence from the UK Market" (with Christian Julliard, Karamfil Todorov and Kathy Yuan)
"Size Discount and Size Penalty: A Structural Estimation Approach" (with Chaojun Wang and Junyuan Zou)
"Star Charities, Director Networks and Firm Performance" (with Saleem Bahaj, Andy Blake, Angus Foulis, Andy Haldane and Jagdish Tripathy)
"Gender and Firm Dynamics" (with Saleem Bahaj and Angus foulis)
Working Papers:
"Size Discount and Size Penalty: Trading Costs in Bond Markets" (with Chaojun Wang and Junyuan Zou) Presentations: 2021 NYU Stern/Salomon Microstructure, EFA 2021, AFA 2022
"Informed Trading and the Dynamics of Client-Dealer Connections in Corporate Bond Markets" (with Robert Czech); Presentations: 2021 FutFinInfo, 2021 Adam Smith Workshop, 2021 MFA, 2021 RES
"Information Chasing vs Adverse Selection" (with Chaojun Wang and Junyuan Zou) Presentations: WSIR-2021, EFA 2021, FIRS 2021, Texas Finance 2021, AFA 2022
"Risk Premium Shocks"; Submitted; Shortlisted for Best Paper Award at the 2021 Frontiers of Factor Investing Conference
"Employment and the Collateral Channel of Monetary Policy" (with Saleem Bahaj, Angus Foulis and Paolo Surico); Submitted
Revisions Requested at the Journal of Monetary Economics
"Collateral Channels and Banking Relationships" (with Gareth Anderson, Matthieu Chavaz, Saleem Bahaj and Angus Foulis)
Revisions Requested at the Review of Finance
Publications:
"Clients' Connections: Measuring the Role of Private Information in Decentralised Markets" (with Peter Kondor)
Journal of Finance , Forthcoming
"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"
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)