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my research

• my scholar.google.com page

• my ideas.repec.org page

research interests

econometrics, macroeconomics, monetary economics, economic history, international economics

recent publications

• A local projections approach to difference-in-differences (with Arindrajit Dube, Daniele Girardi and Alan M. Taylor. Journal of Applied Econometrics

• Decomposing the monetary policy multiplier (with Piergiorgio Alessandri and Fabrizio Venditti). Journal of Monetary Economics

• Local projections (with Alan M. Taylor). Journal of Economic Literature

• Zombies at Large? Corporate debt overhand and the macroeconomy (with Martin Kornejew, Moritz Schularick, and Alan M. Taylor). Review of Financial Studies

• Longer-Run Consequences of Pandemics (with Sanjay R. Singh and Alan M. Taylor). Review of Economics and Statistics

• Bank capital redux: solvency, liquidity, and crisis (with Björn Richter, Moritz Schularick, and Alan M. Taylor). Review of Economic Studies 

• The rate of return on everything: 1870-2015 (with Katharina Knoll, Dmitry Kuvshinov, Moritz Schularick and Alan M. Taylor). The Quarterly Journal of Economics

• The effects of quasi-random monetary experiments (with Moritz Schularick and Alan M. Taylor). Journal of Monetary Economics, 

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