Macro Research
PUBLICATIONS
"The Coming Rise in Residential Inflation" with Judd Cramer (Harvard University) and Lawrence H. Summers (Harvard University)
Review of Finance, Volume 26, Issue 5, September 2022 (lead article)
Media: Federal Reserve Board, Wall Street Journal (2x), Washington Post (2x, 3x), Bloomberg (2x), Brookings (2x), Wall Street Week, Yahoo, TheStreet, MarketWatch, Microsoft News, The Unassuming Economist, Calculated Risk, Full Stack Economics
"Comparing Past and Present Inflation" with Judd Cramer and Lawrence H. Summers
Review of Finance, Volume 26, Issue 5, September 2022
Media: The Economist (2x), Wall Street Journal, Bloomberg (2x), Barron's, World Economic Forum, CNBC, Fortune, Foreign Policy, Marginal Revolution, Axios, Yahoo, Markets Insider, Investing.com, The Australian, Neue Zürcher Zeitung, Seeking Alpha, Estadao, Portafolio, elPeriodico, InformaTVX, Valor Economico, La Nacion, Firstlinks, Institute for New Economic Thinking, Welt, Caixin Media, NZ Herald
Data: here
"Catch-Up Growth and Inter-Industry Productivity Spillovers: Evidence from Trade Data"
Forthcoming, World Bank Economic Review
Coverage: World Bank Blogs
WORKING PAPERS
"The Cost of Money is Part of the Cost of Living: New Evidence on the Consumer Sentiment Anomaly" with Judd Cramer, Karl Oskar Schulz and Lawrence H. Summers
Media: Bloomberg, New York Times (2x), Financial Times, Bloomberg Wall Street Week, Bloomberg Opinion, Barron's, National Public Radio, Fortune, Marginal Revolution, Axios, Plain English, Yahoo Finance, Marketplace Morning Report, Noahpinion, Investopedia, Morningstar, The Business Times, Central Banking, BNN, The Universal News Network, The Ringer, Marketwatch, The Harvard Gazette, Arcamax, BNN Bloomberg, The Mercury News, The Grumpy Economist, Slow Boring, Economic Forces, Forbes, Macro Musings
"How the Brady Plan Delivered on Debt Relief: Lessons and Implications" with Neil Shenai (International Monetary Fund)
Accepted, Cambridge University Press.
IMF Working Paper No. 2023/258
Media: Financial Times
"Fragmentation in Global Trade: Accounting for Commodities" with Jiaqian Chen (International Monetary Fund) and Benjamin Kett (International Monetary Fund)
Submitted.
IMF Working Paper No. 2023/073
Analytical Corner, Finance and Development , CEPR eBook
Media: IMF, The Economist, Wall Street Journal, Financial Times (2x), Bloomberg (2x), Foreign Policy, AP News, fDi Intelligence, CNBC, Reuters (2x), Project Syndicate, Al Arabiya, NRC, De Standaard, The Globe and Mail, RTT/Nasdaq, The Hill, Daily News, South China Morning Post (2x), Outlook India, Phenomenal World, International Chamber of Commerce, Mail & Guardian, Economic Times, China Daily, Yahoo
Coverage in IMF products: Georgieva (2023), Gopinath (2023), World Economic Outlook (2023), SDN: Geoeconomic Fragmentation and the Future of Multilateralism (2023), Western Hemisphere Regional Economic Outlook (2023), Sub-Saharan Africa Regional Economic Outlook (2023)
"Global Supply Chain Disruptions: Challenges for Inflation and Monetary Policy in Sub-Saharan Africa " with Zo Adriantomanga (UWM) and Shushanik Hakobyan (International Monetary Fund)
Submitted.
IMF Working Paper No. 2023/039
Analytical Corner (IMF)
"Financial Linkages and the Global Business Cycle" with Marina M. Tavares (International Monetary Fund)
Click here for the most recent version. [Online Appendix]
Coverage: Trade Diversion
"Misallocation in Indian Agriculture" with Swapnika Rachapalli (UBC) and Diego Restuccia (University of Toronto and NBER)
R&R at AEJ Macro