James Costain
Economist
Monetary Policy and Macroeconomic Analysis Division
Banco de España
Hello, I'm Jim Costain. I have been a research economist at the Banco de España (Bank of Spain) since 2006. I received my PhD from the Univ. of Chicago in 1997, and I have taught at Univ. Pompeu Fabra (Barcelona), Univ. Carlos III (Madrid), and the Univ. of California, Santa Cruz. I am now back in Madrid after a visiting position in the Monetary Policy Research Division at the ECB (2018-19).
My primary research interest is how frictions alter the dynamics of the macroeconomy. I have especially looked at search frictions in the labor market, incomplete insurance markets, nominal rigidities, aggregation of heterogeneous information, and costly decision-making.
I have also studied how positive feedbacks create macroeconomic and financial instability, and several of my recent papers discuss macroeconomic policy interactions in Europe.
Web profile at Banco de España:
Profile on IDEAS/RePEc:
https://ideas.repec.org/e/pco11.html
Address:
James Costain
Monetary Policy and Macroeconomic Analysis Division
DG Economics, Statistics and Research
Banco de España
Calle Alcalá 48
28014 Madrid, Spain
Email: james (dot) costain (at) bde (dot) es
Disclaimer. This is my personal website. Views expressed on this webpage are my own, and do not necessarily reflect the views of my employers. Therefore the opinions expressed here should not be attributed to the Banco de España, the European Central Bank, or the Eurosystem.