Ricardo Reis is a professor of economics at Columbia University. He received his B.Sc. degree from the LSE in 1999 and his Ph.D. from Harvard in 2004. He is affiliated with the NBER and the CEPR, and he is an academic advisor at the Federal Reserve Banks of Minneapolis, New York, and Richmond. He is the chief editor of the Journal of Monetary Economics and sits on the editorial boards of the American Economic Review, the Journal of Economic Literature and the Economic Journal. His main area of research is macroeconomics, both theoretical and applied.
Some of his past work focused on theories of inattention, models of sticky information, inflation dynamics, price indices, and the study of monetary and fiscal policy. Current work investigates the role of fiscal automatic stabilizers, the financial strength of central banks pursuing unconventional policies, and the effect of inflation on the public debt.
On 11 September 2001, US money markets unexpectedly closed. Foreign banks with significant dollar investments funded by rolling over financing from US money markets found themselves in a ...
The Easterlin paradox is the finding by Richard Easterlin (1974) that reported happiness was flat or falling between 1946 and 1970 despite sustained US economic growth over the period. So...
Over the past 30 years, most central banks across the advanced economies have been given the ability to conduct monetary policy independently from interference by fiscal and political aut...
