Research

Spatial, network, Bayesian, and macroeconometric methods for policy analysis.

My research develops and applies econometric methods for policy-relevant questions in macroeconomics, spatial economics, climate economics, institutional analysis, and quantitative decision-making.

Working Papers

Current projects and research in progress

Work in Progress

A Precise Zero: Local Fiscal Multipliers from Kenya's Devolution Natural Experiment

With Steven Pennings, Senior Economist, Development Research Group, The World Bank

This project estimates subnational fiscal multipliers in Kenya using the 2013 fiscal decentralization as a natural experiment. The reform reallocated a substantial share of national revenues to newly formed county governments through an ex-ante formula, creating plausibly exogenous variation in county-level expenditure.

Working Paper

Network Structures and Heterogeneity in Policy Preferences at the FOMC

With Arnab Bhattacharjee and Sean Holly

This paper studies monetary policy deliberation within the U.S. Federal Open Market Committee. Using preferred interest-rate data and spatial econometric methods, it examines heterogeneity in policy preferences and identifies interaction patterns among committee members.

Record

Research in Progress

Spatial Network Effects Between Central Banks

With Mengdi Song, Arnab Bhattacharjee, and David Cobham

This project studies interdependence across central banks and explores how policy decisions and macroeconomic signals may transmit through spatial and network channels.

Research in Progress

Revisiting the Brexit Debate: Post-Brexit Effects from a Spatial Econometric Perspective

With Arnab Bhattacharjee

This project examines how economic connectedness between the United Kingdom, the European Union, and the rest of the world changed before, during, and after EU membership, with attention to institutional channels that may shape spatial economic effects.

Research in Progress

Small Open Economy Models with Spatial Effects

With Arnab Bhattacharjee and Atanas Christev

This research extends open-economy macroeconomic models by incorporating spatial interaction effects across countries, allowing international interdependencies to enter the model structure more explicitly.

Working Paper

Investigating the Effect of Green Finance Initiatives on Renewable Energy Penetration in Europe

With Tibor Szendrei, Andrea Eross, and Erkal Ersoy

This paper studies feed-in-tariff policies, green finance, renewable energy penetration, and macroeconomic outcomes in Europe using a Bayesian Global VAR framework.

SSRN

Doctoral Thesis

Essays on Applied Spatial Econometrics in Policy Analysis

Heriot-Watt University, 2023

The thesis examines spatial dependencies across policy settings, including FOMC decision-making, post-Brexit economic connectedness, spatial open-economy models, and climate impacts on agricultural productivity in Colombia.

Thesis record