James Costain
European Central Bank, Monetary Policy Research Division
Banco de España, Modelling and Macroeconomic Analysis Division (on leave)

Hello, I'm Jim Costain. I have been a research economist at the Banco de España (Bank of Spain) since 2006. This year (2018-19) I am visiting the Monetary Policy Research Division at the ECB. 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. 

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 ways to strengthen European fiscal institutions.


Profile on IDEAS/RePEc:

James Costain
Monetary Policy Research Division
DG Research
European Central Bank
Sonnenmannstrasse 20
60314 Frankfurt am Main, Germany

Email: James (dot) Costain (at) ecb (dot) europa (dot) eu

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 European Central Bank, the Banco de España, or the Eurosystem.