Research

Papers

Exchange Rate Narratives (with Kim Ristolainen) [Last revised, February 2026] Revise & Resubmit, Journal of International Money and Finance

Exchange Rate Disconnect Revisited (with Ryan Chahrour, Pierre De Leo, Pablo Guerron, Rosen Valchev) NBER WP [Last revised, November 2025] Revise & Resubmit, American Economic Review

Shocks and Exchange Rates in Small Open Economies (with Pierre De Leo) Working Paper American Economic Journal: Macroeconomics, 2026

Expectation-Driven Boom-Bust Cycles (with Marco Brianti) Working Paper Online Appendix Journal of Monetary Economics, 2024

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