Val Tremola, Switzerland, 2022

 Published Papers

Wage-Price Spirals: What is the Historical Evidence? with Jorge Alvarez, John Bluedorn, Youyou Huang, Evgenia Pugacheva, and Alexandre Sollaci, IMF Working Paper, 2022 (accepted at Economica). Press coverage: Financial times, Economist, New York Times, Borsen. 

Dampening Global Financial Shocks: Can Macroprudential Regulation Help (More than Capital Controls)? with Katharina Bergant, Francesco Grigoli, and Damiano Sandri, Journal of Money, Credit and Banking, 2023.

Transitioning to a Greener Labor Market: Cross-Country Evidence from Microdata with John Bluedorn, Diaa Noureldin, Ippei Shibata, and Marina M. Tavares, Energy Economics, 2023.

Mask Mandates Save Lives with Rui Mano, Journal of Health Economics, 2023.

Gender and Employment in the COVID-19 Recession: Evidence on "She-cessions" with John Bluedorn, Francesca Caselli, Ippei Shibata, and Marina M. Tavares, Labour Economics, 2023.

COVID-19 Vaccines: A Shot in Arm for the Economy with Rui Mano, IMF Economic Review, 2022.

Gender Disparities in Top Earnings: Measurement and Facts for Denmark 1980-2013 with Karl Harmenberg, Hans Henrik Sievertsen, and Erik Öberg,  Journal of Economic Inequality, 2021. 

The New Keynesian Transmission Mechanism: a Heterogeneous-Agent Perspective with Tobias Broer, Per Krusell, and Erik Öberg, The Review of Economic Studies, 2020. 

El crecimiento del credito en America Latina: desarrollo financiero o boom crediticio with Olga Sulla, Revista estudios económicos, 25(1), pp.51-80, 2013. 

Working Papers

Dissecting the Decline in Average Hours Worked in Europe with Diva Astinova, Romain A. DuvalBen Park, Ippei Shibata, and Frederik G. Toscani, IMF Working Paper, 2024. Press coverage: Financial TimesThe Economist, and EL PAÍS.

Supply Bottlenecks: Where, Why, How Much, and What Next? with Oya Celasun, Aiko Mineshima, Mariano Spector, and Jing Zhou, IMF Working Paper, 2022.

The Distributional Impacts of Worker Reallocation: Evidence from Europe with John Bluedorn, Francesca Caselli, Ippei Shibata, and Marina M. Tavares,  IMF Working Paper, 2022.

The Impact of Political Uncertainty on Asset Prices: The Case of the United Kingdom's EU Membership Referendum with Joseph Hanna and Margaux MacDonald, IMF Working Paper, 2021.

Should Inequality Factor into Central Banks' Decisions? with Alessandro Lin and Rui Mano, IMF Working Paper, 2020.

Recent Shifts in Capital Flow Patterns in Korea: An Investor Base Perspective with Signe Krogstrup, IMF Working Paper, 2019.

Advancing Inclusive Growth in Cambodia with Albe Gjonbalaj, IMF Working Paper, 2019.

Interest Rate Pass-Through during the Global Financial Crisis: the case of Sweden with Peter Welz, OECD Economics Department Working Papers Working Paper, 2010.

Limiting Long-Term Unemployment and Non-Participation in Sweden, OECD Economics Department Working Papers No. 842, 2010.

IMF World Economic Outlook Chapters

A Rocky Recovery, World Economic Outlook, Chapter 1, April 2023.

Wage Dynamics Post–COVID-19 and Wage-Price Spiral Risks, World Economic Outlook, Chapter 2, October 2022.

A Greener Labor Market: Employment, Policies, and Economic Transformation (co-lead author), World Economic Outlook, Chapter 3, April 2022.

Research and Innovation: Fighting the Pandemic and Boosting Long-Term Growth, World Economic Outlook, Chapter 3, October 2021.

Recessions and Recoveries in Labor Markets: Patterns, Policies, and Responses to the COVID-19 Shock, World Economic Outlook, Chapter 3, April 2021.

A Long and Difficult Ascent, World Economic Outlook, Chapter 1, October 2020.

Dampening the Impact of Global Financial Shocks on Emerging Market Economies, IMF World Economic Outlook, April 2020, Chapter 3.

Popular Writing

The Stretch of Supply Chains with Diego Cerdeiro, Finance and Development, June 2022. 

Inequality and the Conduct of Monetary Policy with Rui Mano and Alessandro Lin, IMF Research Perspectives, June 2020.

Technical Reports

Policy Reports

Ecuador FSAP

Korea Article IV

Korea SIP

Cambodia Article IV

Czech Article IV

San Marino Article IV