Working Papers:

The Price of Fragmentation with Julian Di Giovanni, Alvaro Silva, Can Soylu, Muhammed Yildirim

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Corporate Debt, Boom-Bust Cycles, and Financial Crises with Victoria Ivashina,Luc Laeven and Karsten Muller

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Pandemic-Era Inflation Drivers and Global Spillovers with Julian di Giovanni,Muhammed A. Yıldırım and Alvaro Silva

Drivers of Pandemic Inflation: Featured in Bloomberg
Drivers of Pandemic Inflation: Featured in Financial Times
Drivers of Pandemic Inflation: Featured in NYTimes
Drivers of Pandemic Inflation: Featured in WSJ
Drivers of Pandemic Inflation: Featured in NPR
Review by VoxEU.org

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Monetary Policy and the Short-Rate Disconnect in Emerging Economies with Pierre De Leo and Gita Gopinath

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Five Facts about the UIP Premium, with Liliana Varela

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Uncertainty Shocks, Capital Flows,and International Risk Spillovers with Ozge Akinci

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Preemptive Policies and Risk-Off Shocks in Emerging Markets, with Mitali Das and Gita Gopinath

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Collateral Heterogeneity and Monetary Policy Transmission , Evidence from Loans to SMEs and Large Firms , with Cecilia Caglio, R. Matthew Darst

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The Economic Case for Global Vaccinations: AnEpidemiological Model with International Production Networks* with Cem Cakmakli, Selva Demiralp, Sevcan yesiltas¸ and Muhammed A. Yıldırım

Featured in Financial Times
Featured in Financial times, Martin Wolf
Featured in NY Times
Featured in Wall Street Journal
Featured in Guardian
Featured in BBC World News
Featured in WHO Press Conference
Featured in Bloomberg
Featured in New Yorker
Featured in world economic forum
Featured in UMD-BSOS
Featured in Maryland Today
Featured in MIT Technology Review
Featured in The Conversation
Featured in Story Partners
Featured in various world press

Review by VoxEU.org, January 16, 2020

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Leverage over the Firm Life-Cycle, Firm Growth, and Aggregate Fluctuations, with Emin Dinlersoz, Henry Hyatt, and Veronika Penciakova

Review by VoxEU, January 2019
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Housing Wealth and Consumption: The Role of Heterogeneous Credit Constraints with S. Bora˘gan Aruoba and Ronel Elul

Review by VoxEU, March 2023
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Foreign Investment and Domestic Productivity: Identifying Knowledge Spillovers and Competition Effects, with Bent Sorensen, Vadym Volosovych, Carolina Villegas-Sanchez, and Christian Fons-Rosen

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Financial Shocks in Production Chains, with Hyun Song Shin, Se-Jik Kim, Bent Sorensen, and Sevcan Yesiltas

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