Current Research

Latest Working Papers

• Inflation and Capital Flows
  with Louphou Coulibaly
  R&R at Review of Economic Studies
  _{NBER WP 30652 and CEPR DP 17661
  Featured in Minneapolis Fed Article}

• Overborrowing, Underborrowing and Macroprudential Policy
  with Fernando Arce and Javier Bianchi
  R&R at Journal of Economic Theory
  _{CEPR DP 18273}

• A Macroprudential Theory of Foreign Reserve Accumulation
  with Fernando Arce and Javier Bianchi
  resubmitted to American Economic Journal: Macroeconomics
  _{NBER WP 26236 and CEPR DP 13952}

Work in Progress

• Invoicing Currency Concentration and Currency Risk Premia
  with Nick Sander
• Monetary Policy Transmission amid Demand Reallocations
  with Lu Han and Gaelan MacKenzie

Older Working Papers

• Macroprudential Policy Coordination
• Systemic Risk and Inefficient Debt Maturity