Sushant Acharya

Senior Economist, FRB New York

Research Affiliate, 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]
    Also available as NY Fed Working Paper 698

  2. 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

  3. 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

  4. Understanding HANK: Insights from a PRANK (with Keshav Dogra)
    Accepted for publication in Econometrica
    Available as NY Fed Working Paper 835
    [Latest Version]

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

Working Papers

  1. 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]

  2. Replacement Hiring and the Productivity-Wage Gap (with Shu Lin Wee)
    Available as NY Fed Working Paper 860
    [Latest Version]

  3. The Side Effects of Safe Asset Creation (with Keshav Dogra)
    Available as NY Fed Working Paper 842
    [Latest Version]

  4. 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]

  5. Dispersed Beliefs and Aggregate Demand Management (under Revision)

Work in Progress

  1. Optimal Monetary Policy according to HANK (with Edouard Challe and Keshav Dogra)

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

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

  4. Changing Sentiments and Exchange Rate Predictability


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


Contact

Address: 
33 Liberty Street 
New York, NY 10045    
Email: sushant.acharya 'at' ny.frb.org
ALT: firstname 'dot' lastname '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 Federal Reserve Bank of New York or the Federal Reserve System.