My Work

Writing well written and organized code is a particular passion of mine and something that I think is drastically needed in the field of econ. I've put a few of the repos that I'm especially proud of here but feel free to checkout my github for all of my projects. On the economics side I am primarily interested in spatial general equilibrium models and other macro models to study monetary policy.

Projects



Papers

2025

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    Tradeoffs for the Poor, Divine Coincidence for the Rich.
    Marco Del Negro, Ibrahima Diagne, Keshav Dogra, and 3 more authors
    FRB of New York Staff Report, Apr 2025

    We use an estimated medium-scale HANK model to investigate how the tradeoff between stabilizing inflation and consumption volatility varies for households with different levels of wealth. Consumption for the rich is mostly affected by demand shocks via their exposure to highly procyclical profits-for them, stabilizing consumption and inflation coincide. The poor are more vulnerable to supply shocks, hence aggressively stabilizing inflation is costly in terms of their consumption volatility. While they dislike inflation because it erodes real wages, they are hurt even more by an aggressive monetary policy response to inflation, which reduces real wages further while increasing unemployment.

2024

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    The NY Fed DSGE Model: A Post-COVID Assessment.
    Marco Del Negro, Keshav Dogra, Aidan Gleich, and 4 more authors
    AEA Papers and Proceedings, May 2024

    We document the real-time forecasting performance for output and inflation of the New York Fed dynamic stochastic general equilibrium (DSGE) model since 2011. We find the DSGE’s accuracy to be comparable to that of private forecasters before COVID but somewhat worse thereafter.