Publications

• • The Housing Supply Channel of Monetary Policy (with Bruno Albuquerque and Frederic Opitz)

International Journal of Central Banking (accepted for publication), January 2025. [SUERF Policy Brief]

[Earlier WP Version]: European Stability Mechanism Working Papers, No. 59, February 2024. Other versions: [IMF WP] and [SSRN]

• • Aggregate Skewness and the Business Cycle (with Ivan Petrella and Konstantinos Theodoridis)

Review of Economics and Statistics (forthcoming), September 2023. [Online appendix] [Replication files] [Skewness index] [SUERF Policy Brief]

[Earlier WP Version]: European Stability Mechanism Working Papers, No. 53, July 2022. Other versions: [CEPR DP] and [Cardiff Economics WP]

• • A Time-Varying Skewness Model for Growth-at-Risk

International Journal of Forecasting, 40(1), 229-246, January 2024. [Online appendix]

[Earlier WP Version] European Stability Mechanism Working Papers, No. 49, June 2021. 

• • Monetary Policy and US Housing Expansions: The Case of Time-Varying Supply Elasticities (with Bruno Albuquerque and Frederic Opitz)

Economics Letters, 195, October 2020. [Online appendix] [VoxEU column and Bank Underground blog]                                

• • The Time-Varying Asymmetry of Exchange Rate Returns: A Stochastic Volatility - Stochastic Skewness Model

Journal of Empirical Finance, 58, 275-292, September 2020. [Online appendix] [MATLAB code]

[WP Version]: Working Papers of Faculty of Economics and Business Administration, No. 944, Ghent University, June 2020.

• • What Drives Output Volatility? The Role of Demographics and Government Size Revisited (with Hauke Vierke)

Oxford Bulletin of Economics and Statistics, 81(4), 849-867, August 2019. [Online appendix]

[Earlier WP version]: European Economy Discussion Papers, No. 075, European Commission, January 2018.

• • Measuring the International Dimension of Output Volatility (with Gerdie Everaert)

Journal of International Money and Finance, 81, 20-39, March 2018. [Online appendix]

[WP version]: Working Papers of Faculty of Economics and Business Administration, No. 928, Ghent University, August 2017.  

Working papers & work in progress

• • A Survey-Based Measure of Asymmetric Macroeconomic Risk in the Euro Area (with Sara Boni, Ivan Petrella and Konstantinos Theodoridis)

European Stability Mechanism Working Papers, No. 68, February 2025. [SUERF Policy Brief]

• • Repeated Use of IMF-Supported Programs: Determinants and Forecasting (with Mwanza Nkusu and Wellian Wiranto)

IMF Working Papers, No. 19/245, November 2019.

• Financial Market Interdependence, Contagion and Jumpy Risk Exposure (with Gerdie Everaert)

Dormant mimeo (last chapter of my PhD thesis), November 2019.

Short policy articles

• • Measuring Macroeconomic Risk in the Euro Area with Survey Data (with Sara Boni, Ivan Petrella and Konstantinos Theodoridis), SUERF Policy Brief, March 2025.

  • Assessing climate risks at the ESM (with Matthieu Bellon and Bernhard Mayr), ESM blog, March 2024.

  • Housing in the monetary crosshairs: a tale of regional supply constraints (with Bruno Albuquerque and Frederic Opitz), SUERF Policy Brief, March 2024.

  • Financial stability and risks to growth in the euro area: where do we stand? (with Pilar Castrillo and Rolf Strauch), ESM blog, April 2023.

  • Unbalanced macroeconomic risks over the business cycle (with Ivan Petrella and Konstantinos Theodoridis), SUERF Policy Brief, August 2022.

  • Monetary policy and US housing expansions: What we can expect for the post-COVID-19 housing recovery (with Bruno Albuquerque and Frederic Opitz), VoxEU column, June 2020. Also available on Bank Underground blog.