I am an Assistant Professor of Monetary Economics at the University of St. Gallen, where I am based at the Swiss Institute for International Economics and Applied Economic Research (SIAW). Since 2019, I am also a Research Affiliate at the CEPR. I obtained my PhD in Economics from the University of Bonn in 2017.

I am a macroeconomist with broad research interests in international economics, monetary economics and economic growth.

News

• 12/24 I was awarded an SNSF Starting Grant (Swiss ERC Starting Grant equivalent) for my project “Debt, Growth, and the Macroeconomy: A Unified Perspective (DEBTANDGROWTH)”
• 11/24 My paper “The Global Financial Resource Curse” was accepted for publication at the American Economic Review
• 10-12/24 I am visiting the Federal Reserve Bank of San Francisco
• 8/24 I am visiting the Bank of Finland
• 7/24 My paper “Delayed Overshooting: The Case for Information Rigidities” has appeared in the American Economic Journal: Macroeconomics

Publications

• The Global Financial Resource Curse (with Gianluca Benigno and Luca Fornaro).
  American Economic Review, 115(1), January 2025.
• Delayed Overshooting: The Case for Information Rigidities (with Thomas Hettig and Gernot Müller).
  American Economic Journal: Macroeconomics, 16(3), July 2024.
• The Scars of Supply Shocks: Implications for Monetary Policy (with Luca Fornaro).
  Journal of Monetary Economics, 140, November 2023 (SI).
• Reserve Accumulation, Growth, and Financial Crises (with Gianluca Benigno and Luca Fornaro).
  Journal of International Economics, 139, November 2022 (SI).
• Pecuniary Externalities in Economies with Downward Wage Rigidity
  Journal of Monetary Economics, 116, December 2020, 219-235.
• Exit Expectations and Debt Crises in Currency Unions (with Alexander Kriwoluzky and Gernot Müller).
  Journal of International Economics, 121, November 2019.
• Step Away from the Zero Lower Bound: Small Open Economies in a World of Secular Stagnation (with Giancarlo Corsetti, Eleonora Mavroeidi and Gregory Thwaites).
  Journal of International Economics, 116, January 2019, 88-102.
• Deleveraging, Deflation and Depreciation in the Euro Area (with Dmitry Kuvshinov and Gernot Müller).
  European Economic Review, 88, September 2016, 42-66 (SI).

Working Papers

• Fear of Hiking? Rising Interest Rates in Times of High Public Debt (with Leopold Zessner-Spitzenberg).
  CEPR Discussion Paper, 16837, January 2024.
• Monetary Policy in the Age of Automation (with Luca Fornaro).
  CEPR Discussion Paper, 16416, September 2022.

Other Writings

• Covid-19 Coronavirus and Macroeconomic Policy (with Luca Fornaro).
  CEPR Discussion Paper 14529, March 2020.

Current Teaching

• Monetary Economics (Bachelor).
• International Economics (Bachelor).
• Advanced Macroeconomics III (Master).
• International Economics (Master).