We explore the design of climate stress tests to assess and manage macroprudential risks
from climate change in the financial sector. We review the climate stress scenarios currently …

This paper studies the economic impacts of carbon pricing. Exploiting institutional features of
the European carbon market and high-frequency data, I document that a tighter carbon …

We develop a simple quantitative New Keynesian model aimed at accounting for the recent
sudden and persistent rise in inflation, with emphasis on the role of oil shocks and …

The extent to which either supply or demand factors drive inflation has important implications
for economic policy. I propose a framework to decompose inflation into supply‐and demand …

We study the causal effects and policy implications of global supply chain disruptions. We
construct a new index of supply chain disruptions from the mandatory automatic …

This study proposes a novel deep-learning convolution neural network (CNN) to forecast
crude oil prices based on historical prices of five precious metals (Gold, Silver, Platinum …

This study introduces a new measure of energy diversification. We explore it's impact on
economic development across the panels of low-income, high-income, European Union …

Exogenous OPEC and non-OPEC oil supply cuts, which are identified within an SVAR
model with unplanned oil supply outage as an external instrument, decrease industrial …

This paper studies the macroeconomic effects of energy price shocks in energy-importing
economies using a heterogeneous-agent New Keynesian model. When MPCs are …

This paper develops a Bayesian VAR model to identify three structural shocks driving the
European gas market: demand, supply, and inventory shocks. We document how gas price …