Professor of Economics at the University of Oxford and Tutorial Fellow at Hertford College. Works in monetary and international economics; holds an ERC starting grant (2022).
This paper builds a Heterogeneous-Agent New-Keynesian Small Open Model Economy (HANKSOME), calibrated to Hungary's pre-2009 current account boom and sudden-stop reversal, and shows that when …
PublishedAmerican Economic ReviewPublished Jan 2026
In a multicountry model with nominal wage rigidities, two sectors (tradable with convex supply, nontradable with flat supply), and free capital mobility, the paper studies optimal monetary policy …