Curriculum Vitae
Employment
Since 7/2021: Economist, Research Department, International Monetary Fund (IMF)
8/2015-7/2021: Economist, Bank for International Settlements (Monetary and Economic Department and Markets Committee)
Fields of Specialization
Macroeconomics
International Trade and Finance
Monetary Policy
Education
Columbia University, New York
2012 - 2015
Ph.D. Economics
Columbia University, New York
2011 - 2012
M.Phil. Economics
Columbia University, New York
2009 - 2011
M.A. Economics
Indian Statistical Institute, Delhi
2007 - 2009
M.S. Quantitative Economics
St. Stephen’s College, Delhi
2004 - 2007
B.S. Physics
Temporary/Part Time Positions
Asian Development Bank, Manila.
June – July 2015
Visiting Scholar (consultant)
Columbia Business School
2012 – 2015
Research Assistant for Prof. Shang-Jin Wei
Hong Kong Monetary Authority
June – August 2014
Doctoral intern
Government of India
Summer 2008
Planning Commission
Indian Institute of Science
Summer 2005, 2006
Young Science Fellowship
Research
Published and advanced working papers
- “Fiscal Consolidation and Public Debt” (with Sakai Ando, Prachi Mishra, Adrian Peralta-Alva and Andrea Presbitero), CEPR Discussion paper DP18548, Revise and Resubmit, Journal of Economic Dynamics and Control
- « Public Debt Dynamics and the Impact of Fiscal Policy » (with Adrian Peralta-Alva), IMF Working Paper No. 2024/087, Revise and Resubmit, Journal of International Economics.
- The original sin redux: a model based evaluation” (with Boris Hofmann and Steve Wu)
- “Dollar invoicing, global value chains, and the business cycle dynamics of international trade” (with David Cook), Journal of International Economics, 2023 (Volume 145)
- International Trade Finance and the Cost Channel of Monetary Policy in Open Economies”, BIS Working Papers No. 539, International Journal of Central Banking (October 2021).
- Global Value Chains and Effective Exchange Rates at the Country-Sector Level” (with Zhi Wang and Shang-Jin Wei), Journal of Money, Credit and Banking 51 (2019): 7-42.
Work in Progress
- Trade Barriers and Exchange Rates ( with Rudolfs Bems and Han Sun)
- Monetary Transmission in Emerging Markets: a High Frequency Approach (with Yavuz Arslan and Fatih Altunok)
- Global Value Chains and Multinational Activity (with Shang-Jin Wei)
- Global Value Chains: trends and drivers over the last five decades (with Raphael Auer, Burcu Erik and Taejin Park)
- Original sin redux, hedging costs and the migration of currency mismatches (with Mai Dao, Pierre-Olivier Gourinchas and Lorena Keller)
Other Publications (including in policy journals)
- “Coming Down to Earth: How to Tackle Soaring Public Debt”, IMF World Economic Outlook, April 2023, Chapter 3.
- “The Anatomy of Public Debt Reductions: Case of India” (with Prachi Mishra)
- Burundi Article IV Mission 2022 link to staff report: https://www.imf.org/en/Publications/CR/Issues/2022/07/29/Burundi-2022-Article-IV-Consultation-Press-Release-Staff-Report-and-Statement-by-the-521554
- “FX execution algorithms and market functioning” (Report prepared by a Markets Committee Study Group chaired by Andrea Maechler (Swiss National Bank), Markets Committee Papers N° 13.
- « Trade credit, trade finance and the Covid-19 crisis (with Frederic Boissay and Hyun Song Shin), BIS Bulletin 24, July 2020.
- “Offshore markets drive trading of emerging market currencies” (with Dora Xia), BIS Quarterly Review, December 2019.
- “Does the financial channel of exchange rates offset the trade channel?” (with Jonathan Kearns),BIS Quarterly Review, December 2016.
- “FX interventions: goals, strategies and tactics” (with Paolo Cavallino), BIS papers 104, 2019
- “Globalization and deglobalisation in emerging market economies: facts and trends” (with Yavuz Arslan, Juan Contreras and Chang Shu), BIS papers 100
- “How has globalization affected emerging market economies” (with Yavuz Arslan, Juan Contreras and Chang Shu), BIS papers 100
- “Dollar invoicing, exchange rates and international trade” (with David Cook), BIS papers 96
- “Macroprudential frameworks: Cross-border issues”, BIS papers 94
- “Macroprudential frameworks: Communication”,BIS papers 94
- “Measuring inflation” (with Agustin Villar), BIS papers 89
Invited Seminars, Conference Presentations and Discussions
American Economic Association Annual meetings, Asia Bureau of Finance and Economics Research (Singapore), Asia School of Business, Asian Development Bank(Manila), Asian Development Bank Institute (Tokyo), Banque de France, Bank of England, Bank of Italy, Bank of Korea, Bank of Lithuania, Canadian Economic Association, Croatian National Bank, Czech National Bank, Delhi School of Economics, ESCP Business School (Paris), European Central Bank, European Investment Bank, European Stability Mechanism, European University Institute, Federal Reserve Bank of Dallas, Federal Reserve Bank of Boston,Federal Reserve Bank of Cleveland, Harvard Kennedy School, Hong Kong Monetary Authority, Hong Kong Institute for Monetary Research, Indian School of Business, Indian Statistical Institute, IMF, OECD, Ozyegin University, Reserve Bank of India, Science Po Paris, State University of New York at Binghamton, University of International Business and Economics, University of Neuchâtel, Vanderbilt University.
Select Media Coverage and Mentions
The Economist, Economic Times, Financial Times, Project Syndicate, Wall Street Journal, Business Standard.
Referee Experience
Journal of Monetary Economics, Journal of International Economics, Journal of Money, Credit and Banking, European Economic Review, Review of International Economics, Journal of International Money and Finance, Indian Growth and Development Review, Eurasian Economic Review, Canadian Journal of Economics, IMF Economic Review, International Journal of Central Banking, Open Economies Review
Teaching Assistantships (Columbia University)
- Graduate: Econometrics I (Ph.D. level): Fall 2011; Macroeconomics: Summer 2011, 2012, 2013.
- Undergraduate: Financial Economics: Fall 2012, Spring 2014; The American Economy: Spring 2013, Fall 2013; Principles of Economics: Spring 2012; Economics of Uncertainty and Information: Spring 2011; Game Theory: Fall 2010.