London School of Economics
Centre for Macroeconomics
Centre for Economic Policy Research
Head of the CfM-CEPR Panel of Experts
Editorial board, Journal of Monetary Economics
Editorial board, IMF Economic Review
Email : email@example.com
Room number: SAL.1.22
London, WC2A 2AE
Fiscal Rules and Market Discipline (with Heidi Christina Thysen)
Kosher Pork (with Allan Drazen), Journal of Public Economics 277: Nov. 2023.
Rethinking Exchange Rate Regimes (with Carmen Reinhart and Ken Rogoff). Handbook of International Economics, vol 6, Gita Gopinath, Elhanan Helpman and Kenneth Rogoff, eds, 2022.
Media: Financial Times 26.11.21
Journal of International Economics, 130: May 2021.
Will the Secular Decline in Exchange Rate and Inflation Volatility Survive Covid-19? (with Carmen Reinhart and Ken Rogoff). Brookings Papers on Economic Activity, Fall 2020.
Why is the Euro Punching Below its Weight? (with Carmen Reinhart and Ken Rogoff). Economic Policy, 35(3), 2020.
Estimating the Elasticity of Intertemporal Substitution Using Mortgage Notches (with Michael Best, James Cloyne, and Henrik Kleven). Review of Economic Studies, 89:2, 2020.
The Effect of House Prices on Household Borrowing: A New Approach (with James Cloyne, Kilian Huber, and Henrik Kleven), American Economic Review, 109:6, 2019.
Exchange Arrangements Entering the 21st Century: Which Anchor Will Hold? (with Carmen Reinhart and Ken Rogoff), Quarterly Journal of Economics, 134:2, 599–646, 2019.
Top-20 most cited article in economics based on recent citations
Tax Reform and the Political Economy of the Tax Base, Journal of Public Economics, 164, pp. 197-2010, 2018.
How Big (Small?) are Fiscal Multipliers? (with Enrique G. Mendoza and Carlos A. Vegh), Journal of Monetary Economics 60:2, pp. 239-254, 2013.
Weak States and Steady States: The Dynamics of Fiscal Capacity (with Tim Besley and Torsten Persson), American Economic Journal: Macroeconomics 5:4, pp. 205-32, 2013.
Rent-Seeking Distortions and Fiscal Procyclicality, Journal of Development Economics 96, 2011, pp. 30-46.
Measuring Productivity Dispersion: Lessons From Counting One-Hundred Million Ballots (with Saverio Simonelli),
Media: Les Echos
Procyclical Fiscal Policy in Developing Countries: Truth or Fiction? (With Carlos A. Vegh), July 2008
EC442: First year macro PhD
EC540: Second year political economy PhD
PP404: Economics for Public Policy
PP440: Macroeconomics for Public Policy
Media, Popular Writings & Public Lectures
Sky News asks me whether higher public sector pay would lead to inflation.
Jan 4 2023
Financial Times Survey of top 101 UK economists
Jan 3 2023
Macro Musings Podcast, Interview on the UK crisis, the strong $, fiscal policy and inflation, and monetary policy shocks
I talk about the autumn statement and Brexit.
17 Nov 22
Ethan Ilzetzki, Oct 2022
GB News: Interview about the UK economy
Oct 19, 2022
Le Temps (Swiss Newspaper): Interview about the UK economy
Oct 8, 2022
RSI (Swiss TV): Interview about the UK economy
Oct 8, 2022
Interview ith Sean Seddon, Oct 2, 2022
ORF (Austrian radio): interview on "mini-Budget"
Sep 23, 2022
New York Times: quotes me on the new UK currency.
September 9, 2022
ZDF (German television): interview on inflation in the UK.
Anna Cooban, July 24, 2022
LSE Explainer on inflation and interest rates
Lisa O'Carroll, 25 April 2022
Bloomberg Radio: Interview about Chancellor's Spring Statement (UK Budget) (minute 16)
March 23, 2022
BBC News (TV): Interview about the UK Cost of Living Crisis
February 12, 2022
John Plender, Nov 26, 2021
Macro Musings Podcast, Interview on the euro, exchange rate volatility & inflation prospects
Alex Hudson, Nov 24, 2020
Ken Rogoff, Nov 16, 2020
Ken Rogoff, Nov 10, 2020
Presentation, Sep 24, 2020
July 8, 2020
Op ed, June 2020
Nessim Aït-Kacimi, Jun 10, 2020
Article, April 2020, (with Hugo Reichardt)
Martin Sandbu, Dec 5, 2019.
Martin Sandbu, Nov 7, 2019
Discussion on public debt and r<g around minute 55, November 2019
Colby Smith, Sep 19, 2019
Interview, Jan 2018 (in Hebrew)
Jean-Marc Vittori, 25 Sep 2017
Macro Musings podcast, May 2017
Free Exchange, Feb 9, 2017.
Invstr Video on fiscal policy, Nov 2016
LSE US Centre Blog on the Affordable Care Act, 2013
BBC: Interview, September 2012
Paul Krugman (blog post) Oct 17, 2011
Buttonwood, Aug 11, 2011
Op Ed, Aug 1, 2011
Brendan Keenan, Dec 16, 2010
Michael Boskin, Dec 1, 2010
David Brooks, Nov 15, 2010
Presentation, Oct 2009
Greg Mankiw, blog post, Oct 5, 2009
New York Times: Multiplying Multipliers
Paul Krugman (blog post) Oct 1, 2009