Welcome to my website! I am a research economist focusing on monetary economics, macro-finance and climate finance.
My research mainly studies the role of financial markets for the macroeconomy, monetary policy, and the green transition. I am particularly interested in understanding the effects of monetary policy on the yield curve and asset prices—including monetary policy surprises, forward guidance, monetary policy communication, quantitative easing, monetary policy uncertainty, and risks to the economic outlook. More recently I’ve been studying issues in climate economics and climate finance, including the pricing of climate risks.
CV ๐น Fed Website ๐น Google Scholar ๐น RePeC ๐น SSRN
Ph.D. in Economics, 2010
University of California, San Diego
M.A. in Quant. Economics and Finance, 2005
University of St. Gallen, Switzerland
B.A. in Economics, 2003
University of St. Gallen, Switzerland
๐ข๏ธ Call for Papers: 9th Conference on Fixed Income Markets ๐ข
Together with the Bank of Canada and the Chicago Fed, we are organizing a Conference on Fixed Income Research and Implications for Monetary Policy, to be held in San Francisco on May 22-23, 2025. The focus will be on theoretical and empirical issues in fixed income research and how they relate to the conduct of monetary policy. Please send your submissions to fixed.income.conference@sf.frb.org by January 31, 2025.
๐๏ธ New SF Fed Center for Monetary Research ๐๏ธ
The Center for Monetary Research (CMR) is a new initiative launched by the San Francisco Fed that aims to improve our understanding of the links between monetary policy, financial markets, and the macroeconomy. Among the CMR data pages are three that make available updated estimates for some of my papers:
Corporate Green Pledges โจ***new!***โจ
with Daniel Huber, Eric Offner, Marlene Renkel, and Ole Wilms
Green Stocks and Monetary Policy Shocks: Evidence from Europe
with Eric Offner and Glenn Rudebusch
FOMC Communication Events and Monetary Transmission
with Miguel Acosta, Andrea Ajello, Francesca Loria, and Silvia Miranda-Agrippino
Risk Appetite and the Monetary Transmission
with Maik Schmeling and Andreas Schrimpf
The Response of Prices to Monetary Policy: Firm-Level Evidence from Sweden
with Alexander Czarnota and Mathias Klein
Effects of Carbon Policies on Inflation Expectations
with Diego Kรคnzig and Glenn Rudebusch
Cross-Sectional Skewness in Interest Rate Surveys
with Mikhail Chernov
The CMR Macro-Finance Workshop is a quarterly meeting with our visiting scholars, featuring two presentations of macro-financial or monetary research.
The Virtual Seminar on Climate Economics is a bi-weekly online seminar by leading researchers in climate economics and climate finance. This online seminar series is open to everyone interested in research on the economics of climate change.
Disclaimer: The material on this website does not represent the views of the Federal Reserve Bank of San Francisco or the Federal Reserve System.