Elizaveta Lukmanova, PhD



KU Leuven
Faculty of Economics and Business

Department of Accountancy, Finance and Insurance (AFI)

Campus Brussels

Warmoesberg 26 1000 Brussels, Belgium

office B 05.13

email: elizaveta.lukmanova[at]kuleuven.be


My research focuses on Monetary Policy and Asset Pricing, Banking.

For more information please refer to my CV.




Working Papers:

"Inflation Expectations and Term Premium" (2022) with R. Wouters

presented at: Annual Congress of the EEA, Bocconi, Milan, Aug 2022 (scheduled), Annual Meeting of the Austrian Economic Association, University of Vienna, Vienna, Sept 2022 (scheduled)


"New Evidence on Monetary Transmission: Interest Rate versus Inflation Target Shocks," (2021) with K. Rabitsch

presented at: ASSA 2022 Annual Meeting, Boston 2022, Joint ECB/Cleveland Fed conference "Inflation: Drivers and Dynamics", October 2021, 52nd Conference of the Money, Macro & Finance Research Group, University of Cambridge, Sept 2021, Bank of Israel – CEPR joint conference "Inflation: Dynamics, Expectations, and Targeting", Bank of Israel, July 2021, 10th ifo Conference on Macroeconomics and Survey Data, Ifo Institute Munich, Feb 2020, EC-squared conference, University of Oxford, Dec 2019, 7th Belgian Macroeconomics Workshop, Ghent University, Sept 2019, 50th Anniversary Conference of the Money, Macro & Finance Research Group, LSE, Sept 2019, 34th Annual Congress of the EEA, University of Manchester, August 2019, 19th Annual Society for Advancement in Economic Theory Conference, Ischia, July 2019, Workshop for Women in Macroeconomics, Finance, and Economic History, DIW Berlin, June 2019, Royal Economic Society PhD meeting, University of Westminster, Dec 2018, internal seminars at the Natianal Bank of Belgium, CORE, KU Leuven, University of Vienna


"Persistent Monetary Policy in a Model with Involuntary Unemployment ", (2022) with R. Goncharenko

presented at: ASSA 2022 Annual Meeting, Boston 2022, Annual Congress of the EEA Virtual, Copenhagen 2021

a short version: "Persistent Monetary Policy in a Model with Labor Market Frictions," in AER Papers & Proceedings (2022)


"Negative Rates," (2022) with J. Dávila

presented at: Annual Congress of the EEA, Bocconi, Milan, Aug 2022 (scheduled), World Finance and Banking Symposium, Budapest, Dec 2021, NYU Abu-Dhabi, Nov 2021, CORE, Dec 2020


"Re-assessing International Effects of the U.S. Monetary Policy Shocks," (2022) with K. Rabitsch [coming soon]

presented at: 25th International Conference on Macroeconomic Analysis and International Finance, University of Crete, July 2021, University of Sheffield, May 2021



Work in Progress:



Non-refereed publications:

"Persistent Monetary Policy in a Model with Labor Market Frictions," with R. Goncharenko in AER Papers & Proceedings (2022)