I am Senior Economist in the Monetary Assessment & Strategy Division at the Bank of England, lecturer in the Department of Economics at the University of Essex, member of the CfMand a research associate at CAMA.  


Stationary and Nonstationary Behaviour of the Term Structure: A Nonparametric Characterisation with Clive G. Bowsher (Bristol).  Applied Mathematical FinanceVol. 20, No. 2, April 2013, 137-166.

Do credit market shocks drive output fluctuations? Evidence from corporate spreads and defaultsJournal of Economic Dynamics & ControlVol 36, April 2012, 568-584.

The dynamics of economic functions: Modelling and forecasting the yield curve with Clive G. Bowsher (Bristol)Journal of the American Statistical AssociationVol. 103, No. 484, December 2008, 1419-1437.

Working papers

Shadow banks and macroeconomic instability with Ben Nelson (Bank of England) and Pier Alessandri (Banca d'Italia). March 2016.  Some mentions: NEP-DGE blogDavid Andolfatto's blog.  Revise & Resubmit, Journal of Money, Credit & Banking.

Capital regulation and the macroeconomy: Empirical evidence and macroprudential policy, May 2016. Revise & Resubmit, European Economic Review.

Leaning against the wind and policy trade-offs with Lien Laureys (Bank of England) and Boromeus Wanengkirtyo (Warwick) December 2015.

Work in progress

Mortgage spreads and the business cycle in an estimated model of shadow banking.

Federal Reserve Publications

Credit crisis casts shadow over commercial real estateFederal Reserve Bank of Dallas Economic Letter Vol.3, No.12, 2008.

Subpages (2): Research Teaching