University of California, Santa Barbara                                                                     

(Santa Barbara, CA) - Aug. 2022 - Present

Ph.D. Student in Economics        

Grinnell College

(Grinnell, IA) - Aug. 2014 - May 2018      

B.A. in Economics and Political Science with Honors     

Testing Capacity-Constrained Learning

Andrew Caplin, Daniel Martin, Philip Marx, Anastasiia Morozova, Leshan Xu

We introduce the first general test of capacity-constrained learning models. Cognitive economic models of this type share the common feature that constraints on perception are exogenously fixed, as in the widely used fixed-capacity versions of rational inattention (Sims 2003) and efficient coding (Woodford 2012). We show that choice data are consistent with capacity-constrained learning if and only if they satisfy a No Improving (Action or Attention) Switches (NIS) condition. Based on existing experiments in which the incentives for being correct are varied, we find strong evidence that participants fail NIS for a wide range of standard perceptual tasks: identifying the proportion of ball colors, recognizing shapes, and counting the number of balls. However, we find that this is not true for all existing perceptual tasks in the literature, which offers insights into settings where we do or do not expect incentives to impact the extent of attention.

Languages/Frameworks : R, Stata, SQL, LATEX, Javascript

University of California, Santa Barbara 

(Santa Barbara, CA) - Sept 2022 - Present

Teaching Assistant for ECON 10A - Intermediate Microeconomic Theory

Teaching Assistant for ECON 5A - Statistics for Economics

Teaching Assistant for ECON 100B - Advanced Microeconomic Theory

Teaching Assistant for ECON 134A - Financial Management

Teaching Assistant and Course Developer  for ECON 157 - Behavioral Economics

Teaching Assistant for ECON 152 - Personnel Economics

 Grinnell College - Alternative Language Study Option

(Grinnell, IA) - Jan. 2017 -May 2018

Italian Language Instructor 

• • Developed a bespoke study guide and learning materials for 15+ students

  • Taught weekly 2-credit classes (Italian I and II)

International Monetary Fund    

(Washington, D.C.) - June 2018 – June 2021

Research Analyst – Monetary and Capital Markets Department  

• Co-authored papers on selected issues in central banking, supervision, and regulation:

• Cyber Risk and Financial Stability: It’s a Small World After All

• Cybersecurity Risk Supervision

• Regulation of Crypto Assets

• Institutional Arrangements for Fintech Regulation and Supervision

• Regulating, Supervising, and Handling Distress in Public Banks

• Engineered a custom dataset with 7,000+ observations on bank ownership and carried out an analysis of banks’ efficiency depending on the mode of ownership (public/state-owned) using Stata/R

• Completed an empirical analysis and compiled regular updates on cross-country banking transfers using SWIFT big data in R and SQL

• Utilized 10+ different databases to analyze and visually present the macroeconomic conditions of Austria

• Researched and analyzed the setup of regulatory sandboxes in various countries (results published in Appendix III of Singapore – FSAP-Fintech: Implications for the Regulation and Supervision of the Financial Sector)

Russian (Native), French (Fluent), Italian (Fluent)