Publications

• Costly Information, Planning Complementarities and the Phillips Curve
  Journal of Money, Credit and Banking 49(4) 2017 [Link]
  Also available as NY Fed Working Paper 698
  

• Liquidity Traps, Capital Flows (with Julien Bengui )
  Journal of International Economics 114 2018 [Link]
  Also available as NY Fed Working Paper 765 and CIREQ Working Paper 14-2015

• Rational Inattention in Hiring Decisions (with Shu Lin Wee)
  American Economic Journal: Macroeconomics 12(1) 2020 [Link]
  Also available as NY Fed Working Paper 878
  

• Understanding HANK: Insights from a PRANK (with Keshav Dogra)
  Econometrica 88(3) 2020 [Link]
  Older version available as NY Fed Working Paper 835
  

• Global Spillovers in a Low Interest Rate Environment (with Paolo Pesenti )
  Prepared for the Oxford Research Encyclopedia of Economics and Finance

Working Papers

• Optimal Monetary Policy According to HANK (with Edouard Challe and Keshav Dogra)
  R&R American Economic Review
  Available as CEPR Discussion Paper 14429, NY Fed Working Paper 916
  [Latest Version (February 2020)]

• The Anatomy of Sentiment-Driven Fluctuations (with Jess Benhabib and Zhen Huo )
  R&R Journal of Economic Theory
  Available as NBER Working Paper 23136
  [Latest Version (July 2020)]

• The Side Effects of Safe Asset Creation (with Keshav Dogra)
  R&R Journal of the European Economic Association
  Available as CEPR Discussion Paper 14440
  Older version available as NY Fed Working Paper 842
  [Latest Version (November 2020)]

• On-the-job Search and the Productivity-Wage Gap (with Shu Lin Wee)
  Available as CEPR Discussion Paper 14430
  Older version available as NY Fed Working Paper 860
  [Latest Version (February 2020)]

• Slow Recoveries and Unemployment Traps: Monetary Policy in a Time of Hysteresis (with Julien Bengui, Keshav Dogra, Shu Lin Wee )
  Older version avaliable as NY Fed Working Paper 831
  [Latest Version (April 2019)]

Work in Progress

• Revisiting Macroeconomic Interdependence: The role of cyclical income risk (with Julien Bengui and Paolo Pesenti)

• Macroprudential Arrangements for Currency Unions (with Julien Bengui and Louphou Coulibaly)

• Changing Sentiments and Exchange Rate Predictability

Inactive Papers

• Dispersed Beliefs and Aggregate Demand Management (2013)

• Asset Price Effects of Peer Benchmarking: Evidence from a Natural Experiment (2015) (with Alvaro Pedraza) [Link]

Discussions

• Why Are Exchange Rates So Smooth? A Segmented Asset Markets Explanation by Chien, Lustig and Naknoi
  Slides

• The Demise of the Treaty of Detroit and (Dis)inflation Dynamics by Cairó and Sim
  Slides

• A Model of Safe Asset Determination by He, Krishnamurthy and Milbradt
  Slides

• Limited Records and Credit Cycles by Kovbasyuk, Larinsky and Spagnolo
  Slides

• Market Structure and Monetary Non-Neutrality by Mongey
  Slides

• The Intertemporal Keynesian Cross by Auclert, Rognlie and Straub
  Slides

• Monetary Independence and Rollover Risk by Bianchi and Mondragon
  Slides

• Fiscal Rules, Bailouts, and Reputation in Federal Governments by Dovis and Kirpalani
  Slides

• The Behavioral Financial Accelerator by Falato and Xiao
  Slides

• Unemployment Insurance in Macroeconomic Stabilization by Kekre
  Slides

Contact

Address: 
Bank of Canda
234 Wellington Street West
Ottawa, ON K1A 0G9   

Email: sushant.acharya.econ at gmail 

Disclaimer: The views expressed on this website are entirely those of the author(s). They do not necessarily represent the views of the Bank of Canada.