I am Associate Professor of Economics at the Johns Hopkins University School of Advanced International Studies (SAIS), a CEPR Research Fellow in the International Macroeconomics and Finance programme, and member of the Money & Finance Research (MoFiR). I am on leave from the International Monetary Fund, where I am a Senior Economist in the Research Department’s Macro-Financial Division. My research focuses on financial intermediation, banking, development finance, and sovereign debt. I am associate editor of Economia (LACEA) and the Journal of Financial Stability
CV (January 2021) - Download
Commodity prices and banking crises (with M. Eberhardt), December 2020 (also IMF working paper no. 18/153), revision requested, Journal of International Economics
Tracking the Economic Impact of COVID-19 and Mitigation Policies in Europe and the United States (with S. Chen, D. Igan and N. Pierri), Covid Economics, 36, July 2020; a summary on VoxEU.org
I co-organize a new series on the MoFiR Virtual Seminars on Banking, please join!
Expansionary Yet Different: Credit Supply and Real Effects of Negative Interest Rate Policy, with M. Bottero, C. Minoiu, JL Peydro, A. Polo and E. Sette, CEPR Discussion Paper No. 14233, December 2019 (Slides, 2019 NBER SI), revision requested, Journal of Financial Economics
On the capacity to absorb public investment: How much is too much? (with D. Gurara, R. Kpodar and D. Tessema), revision requested, World Development
Delays in Public Investment Projects (with R. Espinoza), January 2021