Main Content

Current projects and work-in-progress

Macroprudential policy in an inflationary environment (with Diana Lima, Duarte Maia and Stelios Tsiaras)

Test the Stress: the role of the interest rate stress in the DSTI constraint in a high interest rate environment (with Diana Lima, Duarte Maia and Ivan De Lorenzo Buratta)

Interest rates, bank liquidity and credit frictions

Macroeconomic Impacts of the Transition to Net Zero in Canada (with Thomas Carter, Tatjana Dahlhaus, Madan Ghosh, Craig Johnston, Yena Joo, Stephen Murchison, Genevieve Nelson, Rachit Lumb, Jonathan Swarbrick, Alexander Ueberfeldt, Raven Wheesk, Yinxi Xie, Yang Zhang)

Unemployment and monetary policy in an uncertain world
BA/Leverhume Small Research Grant, 2022-2024

Reimagining Central Bank Modelling Toolkits
St Andrews Impact & Innovation Fund: Small Impact Award 2024-2025

Publications

Limited asset market participation and monetary policy in a small open economy (conditionally accepted) (with Paul Levine, Stephen McKnight and Alex Mihailov)
Journal of Economic Dynamics and Control

Does the sequence matter: interest rates, quantitative easing or forward guidance? (accepted) (with Tudor Schlanger, Lena Suchanek, Joel Wagner and Yang Zhang)
International Journal of Central Banking

Lending standards, productivity and credit crunches (2023)
Macroeconomic Dynamics, 27(2)

Monetary policy and cross-border interbank market fragmentation: lessons from the crisis (2021) (with Tobias Blattner)
B.E. Journal of Macroeconomics, 21(1)

Credit crunches from occasionally binding bank borrowing constraints (2020) (with Tom Holden and Paul Levine)
Journal of Money, Credit and Banking, 52(2-3)

Reconciling Jaimovich-Rebelo preferences, habit in consumption and labor supply (2018) (with Tom Holden and Paul Levine))
Economics Letters, 168

Working papers

Sequencing Extended Monetary Policies at the Effective Lower Bound (2021)
(with Tudor Schlanger, Lena Suchanek, Joel Wagner and Yang Zhang)
Bank of Canada Staff Discussion Paper 2021-10

Occasionally Binding Constraints in Large Models: A Review of Solution Methods (2021)
Bank of Canada Staff Discussion Paper 2021-5

Weakness in Non-Commodity Exports: Demand versus Supply Factors (2018) (with José Dorich & Vadym Lepetyuk)
Bank of Canada Staff Analytical Notes 2018-28

Other works in progress

Business cycles in space (with Tom Holden)

A Horse Race of Monetary Policy Strategies for Canada (with Yang Zhang)

Kimball Preferences in the Smets-Wouters NK Model (with Szabolcs Deak, Paul Levine and Maryam Mirfatah)