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Since 2022: Economic Counsellor and Director of Research, International Monetary Fund
On leave: S.K. and Angela Chan Professor of Global Management, Department of Economics and Haas School of Business, University of California, Berkeley
On leave: Director, Clausen Center for International Business and Policy
What's New?
What's New?
A Preferred-Habitat Model of Term Premia, Exchange Rates and Monetary Spillovers, with Walker Ray and Dimitri Vayanos, conditionally accepted, American Economic Review, January 2025
The Economics of Sovereign Debt, Bailouts and the Eurozone Crisis, with Philippe Martin and Todd Messer, forthcoming Journal of the European Economic Association, August 2024
2025 Frank. D. Graham Lecture, Princeton University, March 27
Covered Interest Parity in Emerging Markets: Measurement and Drivers, with Mai C. Dao, March 2025
Changing Global Linkages: Bridging Geopolitical Fragments, with Gita Gopinath, Andrea F. Presbitero and Petia Topalova, forth. AEA Papers and Proceedings, May 2025
Changing Global Linkages: A new Cold War?, with Gita Gopinath, Andrea F. Presbitero and Petia Topalova, Journal of International Economics, January 2025
New Evidence on the US Excess Return on Foreign Portfolios, with Carol C. Bertaut, Stephanie Curcuru and Ester Faia, submitted, October 2024
Understanding the International Rise and Fall of Inflation since 2020, with Mai Chi Dao, Daniel Leigh and Prachi Mishra, Journal of Monetary Economics, August 2024
SME Failures under Large Liquidity Shocks: an Application to the COVID-19 Crisis, with Sebnem Kalemli-Ozcan, Veronika Penciakova and Nick Sander, Journal of the European Economic Association, July 2024
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