Narek Ohanyan is a PhD Candidate in Economics at the Pompeu Fabra University in Barcelona, Spain. Prior to joining the UPF, he worked at the Central Bank of Armenia and provided consulting services to the World Bank and the Asian Development Bank. His research interests are mainly focused in the areas of monetary economics and time series econometrics aimed at understanding the effects of the monetary policy on the economy and the design of optimal monetary policy in an uncertain world.