Welcome to my website!
My policy work focuses on monetary policy and macroeconomic forecasting. I lead the team responsible for the macroeconomic forecast and provide advice to the Bank’s leadership on macroeconomic developments and monetary policy. I give frequent presentations on the U.S. Economic Outlook and contribute blog posts to the Liberty Street Economics blog. I also support other groups in the Bank on forecasting prepayments on agency mortgage-backed securities and on quantifying the effects of banking supervision.
My academic research centers on monetary policy, asset pricing and banking supervision. My work has been published in leading academic journals, such as the Review of Economic Studies, the Journal of Political Economy and the Quarterly Journal of Economics, and are widely cited in the press. My work on equity returns around FOMC announcements has been awarded the Amundi Smith Breeden Prize for best paper in the Journal of Finance, and my paper on student loans and college tuition has been awarded the Michael J. Brennan Award for best paper in the Review of Financial Studies.
Prior to joining the New York Fed, I was an economist in the Division of Monetary Affairs at the Board of Governors of the Federal Reserve System. I was also an Adjunct Professor of Finance at the NYU Stern School of Business. I have a Laurea in Economics from Bocconi University and a Ph.D. in Economics from Northwestern University.
DISCLAIMER: The views expressed in all work on this website are those of the authors and are not necessarily reflective of views at the Federal Reserve Bank of New York or the Federal Reserve System.