Writing
Policy-relevant writing, blog posts and public commentary on my research.
AI & Technology
What Machines Taking Over Pricing Means for Central Banks
with Anthony Savagar & Misa Tanaka
Bank Underground, April 2026
With increased availability of big data and computing power, more firms are adopting algorithmic and AI-powered pricing. This post reviews the implications for monetary policy and central banks.
📰 Media: The Telegraph · GB News · Yahoo Finance · MSN
Economics & Finance
Housing Consumption Channel of Mortgage Demand
with Gabriel Ahlfeldt & Nikodem Szumilo
VoxEU / CEPR, Oct 2024
When house prices rise, households borrow more rather than downsize — because housing and non-housing consumption are imperfect substitutes. This column explains the implications for mortgage markets and financial stability.
The Spanish Connection – Consequences of a Macroprudential Regulation in Spain on Mexico
Bank Underground, February 2018
A macroprudential regulation in Spain spilled over to Mexico via Spanish bank subsidiaries, contracting household credit and local economic activity — highlighting how regulation in one country can have real consequences far beyond its borders.