Hello and welcome to my website!  

I am a PhD Graduate in International Economics and Finance at Brandeis University. My research lies at the intersection of monetary policy transmission and international banking behavior. I empirically investigate how the Federal Reserve's monetary policy shapes the US Treasury yield curve and influences international banking leverage strategies.

My paper The US Monetary Policy Surprise:  Taking Stock of the US Treasury Yield Curve introduces a novel identification strategy to identify daily US monetary policy surprises from the daily changes in the US Treasury yield curve from February 1995 to January 2024 estimated using a state-space model, thereby enhancing the accessibility and scalability for future research in monetary policy transmission.  I provide a new estimate of the efficacy of the Federal Reserve’s monetary policy tools – interest rate targeting, forward guidance, and Large Scale Asset Purchase (LSAP) in shaping the US Treasury yield curve across maturities.  

I extend this work globally, examining how banks in 60 countries with varying USD exposure in their balance sheet adjust their leverage strategy in response to the shift in the US monetary policy direction. I produce narratives on bank behavior based on their balance sheet adjustments in response to FOMC announcements from 2000 to 2019 while documenting the shifts in the leverage strategy of banks in France, Japan, and Indonesia post-Basel III.

I have presented my key insights at the American Economic Association (AEA) Annual Meeting Poster Sessions in 2022 ,2023, 2025  and will be featured in their upcoming 2026 Monetary Policy paper session. The Brian Gray PhD Dissertation Scholarship, funded by the Australian Prudential Regulation Authority and the Reserve Bank of Australia, has generously supported my research.  I thank the New York University Global Volatility Lab for their immense generosity and support in providing both the daily bank leverage ratio data and guidance on using the data.

My background before PhD includes policy research on macroeconomic policy and international trade, as well as management consulting, which provides grounding in translating complex empirical findings into actionable policy insights.

You can find my newest CV here.