Commodity-driven Macroeconomic Fluctuations: Does Size Matter? with Maximiliano Jerez-Osses, Vida Maver, Jorge Miranda-Pinto, and Jean-Marc Natal. October 2025. IMF WP 208/2025.
Coverage: October 2025 Commodity Special Feature in the IMF's World Economic Outlook (pp. 35-41).
Power Hungry: How AI will drive energy demand, with Christian Bogmans, Ganchimeg Ganpurev, Giovanni Melina, Andrea Pescatori, and Sneha Thube. April 2025. IMF WP 81/2025. Status: Revise & Resubmit Requested.
Coverage: April 2025 Commodity Special Feature in the IMF's World Economic Outlook (pp. 45-50), Reuters, Axios, The Hindu, IMF Blog Chart of the Week.
Firm Financing during sudden stops: Can governments substitute markets? with Miguel Acosta-Henao, Andres Fernandez, and Şebnem Kalemli-Özcan. December 2024. PDF. NBER WP 33283. IMF WP 72/2025. Status: Revising.
Coverage: NBER Digest, VOXEU CEPR.
From Macro Shocks to Firm Responses: Financial and Real Spillovers of the Global Financial Cycle, with Miguel Acosta-Henao and Andres Fernandez.
Reserves and debt inflows during crises in developing countries, with Olena (Lena) Ogrokhina and Cesar M. Rodriguez.
Misallocation channels during crises, with Johanna Francis.