Research

PUBLICATIONS

Jaimes R. (2025). The dynamic effects of environmental and fiscal policy shocks. Macroeconomic Dynamics, forthcoming.

Basso, H.S., Jaimes, R. and Rachedi, O. (2024) Demographics and emissions: the life cycle of consumption carbon intensity. Oxford Bulletin of Economics and Statistics, 86(6):1409-1437.

Atahan, A., Gallegos, J.E., Jaimes, R. and Silgado-Gómez, E. (2024) A Behavioral Hybrid New Keynesian Model: Quantifying the Importance of Belief Formation Frictions. Economic Modelling, 132(106626):1-10.

Jaimes R. and Westerhout, E. (2023). Optimal policies in an ageing society.  Journal of the Economics of Ageing, 26(100475):1-12.

Jaimes R. (2023). Optimal climate and fiscal policy in an OLG economy  Journal of Public Economic Theory, 25(4):727-752.

Jaimes R. (2023). Does idiosyncratic risk matter for climate policy? Environment and Development Economics, 28(4):353-367.

Jaimes R. and Gerlagh, R. (2020). Resource-richness and economic growth in contemporary U.S. Energy Economics, 89(104810):1-11.

Jaimes R. (2020). Fiscal adjustments at the local level: evidence from Colombia. International Tax and Public Finance, 27(5):1148–1173.

WORKING PAPERS

Age Structure and Monetary Policy Transmission: Conventional vs. Unconventional Shocks in the Euro Area (with Javier Esteban Martínez)

Inequality over the business cycle: Evidence from an emerging economy (with Francy Vallejo)

Demographics and the transmission of oil price shocks: Evidence from the Euro area (with Nicolás Ronderos)

Global demographic change and climate policies (with Reyer Gerlagh and Ali Motavasseli) 

POLICY PAPERS

Transición verde y formalización laboral en Colombia  Development Centre, OECD, Making Development Happen, Vol. 7

SELECTED WORK IN PROGRESS

Optimal development policies for resource-rich economies (with Frederick van der Ploeg)

Macroeconomic dynamics beyond FIRE (with Jose E. Gallegos, and Edgar Silgado-Gómez)

Discounting, ecosystem services and climate change (with Sjak Smulders )