Sushant Acharya

Senior Research Advisor, Bank of Canada

Research Fellow, CEPR


C.V.
Publications
Working Papers
Discussions
Contact

Publications

  1. Costly Information, Planning Complementarities and the Phillips Curve
    Journal of Money, Credit and Banking 49(4) 2017 [Link]

  2. Liquidity Traps, Capital Flows (with Bengui)
    Journal of International Economics 114 2018 [Link]

  3. Rational Inattention in Hiring Decisions (with Wee)
    American Economic Journal: Macroeconomics 12(1) 2020 [Link]

  4. Understanding HANK: Insights from a PRANK (with Dogra)
    Econometrica 88(3) 2020 [Link]

  5. The Anatomy of Sentiment-Driven Fluctuations (with Benhabib & Huo)
    Journal of Economic Theory 195 2021 [Link]

  6. The Side Effects of Safe Asset Creation (with Dogra)
    Journal of the European Economic Association 20(2) 2022 [Link]

  7. Slow Recoveries and Unemployment Traps: Monetary Policy in a Time of Hysteresis (with Bengui, Dogra & Wee)
    The Economic Journal 132(646) 2022 [Link]

  8. Optimal Monetary Policy According to HANK (with Challe & Dogra)
    American Economic Review 113(7) 2023 [Link]

  9. Estimating HANK for Central Banks (with Chen, Del Negro, Dogra, Gleich, Goyal, Matlin, Lee, Sarfati & Sengupta)
    Proceedings of the XXV Annual Conference of the Central Bank of Chile (forthcoming) [Link]

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

Working Papers

  1. Global Indeterminacy in HANK economies (with Benhabib)
    [Latest Version (May 2024)]

  2. Spillovers and Spillbacks (with Pesenti)
    [Latest Version (February 2024)]

  3. On-the-job Search and the Productivity-Wage Gap (with Wee)
    [Latest Version (September 2023)]

  4. The Financial Origins of Non-Fundamental Risk (with Dogra & Singh)
    [Latest Version (November 2021)]

  5. Inequality and Optimal Monetary Policy in the Open Economy (with Challe)
    [Latest Version (May2024)]

Inactive Papers

  1. Dispersed Beliefs and Aggregate Demand Management (2013)

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


Discussions

  1. Why Are Exchange Rates So Smooth? A Segmented Asset Markets Explanation by Chien, Lustig and Naknoi [Slides]

  2. The Demise of the Treaty of Detroit and (Dis)inflation Dynamics by CairĂ³ and Sim [Slides]

  3. A Model of Safe Asset Determination by He, Krishnamurthy and Milbradt [Slides]

  4. Limited Records and Credit Cycles by Kovbasyuk, Larinsky and Spagnolo [Slides]

  5. Market Structure and Monetary Non-Neutrality by Mongey [Slides]

  6. The Intertemporal Keynesian Cross by Auclert, Rognlie and Straub [Slides]

  7. Monetary Independence and Rollover Risk by Bianchi and Mondragon [Slides]

  8. Fiscal Rules, Bailouts, and Reputation in Federal Governments by Dovis and Kirpalani [Slides]

  9. The Behavioral Financial Accelerator by Falato and Xiao [Slides]

  10. Unemployment Insurance in Macroeconomic Stabilization by Kekre [Slides]

  11. Optimal Policy Rules in HANK by McKay and Wolf [Slides]

  12. Exchange Rates and Monetary Policy with Heterogeneous Agents: Sizing up the Real Income Channel by Auclert, Rognlie, Souchier and Straub [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.