Pau Rabanal
Last Updated: October 27, 2009
Pau Rabanal is an economist in the research department of the IMF since December 2008. Before rejoining the IMF, he was an economist in the research department at La Caixa in Barcelona. Between 2002 and 2006 he worked as an economist in the Monetary and Capital Markets, Western Hemisphere, and Middle East and Central Asia departments of the IMF.
Email: prabanal@imf.org
Fluent In: Catalan, French, Spanish.
Education:
Ph.D. in Economics, New York University, 2002
M.A. in Economics and Finance, CEMFI, 1997
B.A. in Economics and Business Administration, Universitat Pompeu Fabra, 1995
IMF Books and Working Papers:
Monetary and Macroprudential Policy Rules in a Model with House Price Booms, Working Paper No. 09/251, November 01, 2009
Macroeconomic Patterns and Monetary Policy in the Run-up to Asset Price Busts, Working Paper No. 09/252, November 01, 2009
The Drivers of Housing Cycles in Spain, Working Paper No. 09/203, September 01, 2009
Cointegrated TFP Processes and International Business Cycles, Working Paper No. 09/212, September 01, 2009
Euro-Dollar Real Exchange Rate Dynamics in an Estimated Two-Country Model: What Is Important and What Is Not, Working Paper No. 06/177, July 01, 2006
Technology Shocks and Aggregate Fluctuations: How Well Does the RBC Model Fit Postwar U.S. Data?, Working Paper No. 04/234, December 01, 2004
Monetary Policy Rules and the U.S. Business Cycle: Evidence and Implications, Working Paper No. 04/164, September 01, 2004
Prudential Issues in Less Diversified Economies, Working Paper No. 03/198, October 01, 2003
The Cost Channel of Monetary Policy: Further Evidence for the United States and the Euro Area, Working Paper No. 03/149, July 01, 2003
Inflation Targeting in the Context of IMF-Supported Adjustment Programs, Working Paper No. 01/31, March 01, 2001
Other IMF Publications
Inflation Targeting in the Context of IMF-Supported Adjustment Programs, with M. Blejer, A. Leone, and G. Schwartz, International Monetary Fund Staff Papers 2002, vol.49 (3), pp. 313–38.
Lessons For Monetary Policy From Asset Price Fluctuations, Chapter 3 of October 2009 World Economic Outlook. With A. Fatas, P. Kannan and A. Scott.
Selected Publications
Euro-Dollar Real Exchange Rate Dynamics in an Estimated Two-country Model: An Assessment, 2009, with Vicente Tuesta, Journal of Economic Dynamics and Control, forthcoming.
Recurring Patterns Around House Price Busts, 2009, with Prakash Kannan and Alasdair Scott, Applied Economics Letters, forthcoming.
Inflation Differentials Between Spain and the EMU: A DSGE Perspective, 2009, Journal of Money, Credit, and Banking. Vol. 41, No. 6, pp. 1141-1166.
Comparing New Keynesian Models in the Euro Area: A Bayesian Approach, 2008, with J. F. Rubio-Ramírez, Spanish Economic Review, Vol. 10, March 2008, pp. 23-40.
Does Inflation Increase After a Monetary Policy Tightening? Answers Based on an Estimated DSGE Model, Journal of Economic Dynamics and Control, Vol. 31, March 2007, pp. 906-937.
Comparing New Keynesian Models of the Business Cycle: A Bayesian Approach, with J. F. Rubio-Ramírez, Journal of Monetary Economics, Vol. 52, September 2005, pp. 1151-1166.
Technology Shocks and Aggregate Fluctuations: How Well does the RBC Model Fit Post-War U.S. Data?, with J. Galí, NBER Macroeconomics Annual 2005, Vol. 19, pp. 225-288.
Pau Rabanal is an economist in the research department of the IMF since December 2008. Before rejoining the IMF, he was an economist in the research department at La Caixa in Barcelona. Between 2002 and 2006 he worked as an economist in the Monetary and Capital Markets, Western Hemisphere, and Middle East and Central Asia departments of the IMF.
Email: prabanal@imf.org
Fluent In: Catalan, French, Spanish.
Education:
Ph.D. in Economics, New York University, 2002
M.A. in Economics and Finance, CEMFI, 1997
B.A. in Economics and Business Administration, Universitat Pompeu Fabra, 1995
IMF Books and Working Papers:
Monetary and Macroprudential Policy Rules in a Model with House Price Booms, Working Paper No. 09/251, November 01, 2009
Macroeconomic Patterns and Monetary Policy in the Run-up to Asset Price Busts, Working Paper No. 09/252, November 01, 2009
The Drivers of Housing Cycles in Spain, Working Paper No. 09/203, September 01, 2009
Cointegrated TFP Processes and International Business Cycles, Working Paper No. 09/212, September 01, 2009
Euro-Dollar Real Exchange Rate Dynamics in an Estimated Two-Country Model: What Is Important and What Is Not, Working Paper No. 06/177, July 01, 2006
Technology Shocks and Aggregate Fluctuations: How Well Does the RBC Model Fit Postwar U.S. Data?, Working Paper No. 04/234, December 01, 2004
Monetary Policy Rules and the U.S. Business Cycle: Evidence and Implications, Working Paper No. 04/164, September 01, 2004
Prudential Issues in Less Diversified Economies, Working Paper No. 03/198, October 01, 2003
The Cost Channel of Monetary Policy: Further Evidence for the United States and the Euro Area, Working Paper No. 03/149, July 01, 2003
Inflation Targeting in the Context of IMF-Supported Adjustment Programs, Working Paper No. 01/31, March 01, 2001
Other IMF Publications
Inflation Targeting in the Context of IMF-Supported Adjustment Programs, with M. Blejer, A. Leone, and G. Schwartz, International Monetary Fund Staff Papers 2002, vol.49 (3), pp. 313–38.
Lessons For Monetary Policy From Asset Price Fluctuations, Chapter 3 of October 2009 World Economic Outlook. With A. Fatas, P. Kannan and A. Scott.
Selected Publications
Euro-Dollar Real Exchange Rate Dynamics in an Estimated Two-country Model: An Assessment, 2009, with Vicente Tuesta, Journal of Economic Dynamics and Control, forthcoming.
Recurring Patterns Around House Price Busts, 2009, with Prakash Kannan and Alasdair Scott, Applied Economics Letters, forthcoming.
Inflation Differentials Between Spain and the EMU: A DSGE Perspective, 2009, Journal of Money, Credit, and Banking. Vol. 41, No. 6, pp. 1141-1166.
Comparing New Keynesian Models in the Euro Area: A Bayesian Approach, 2008, with J. F. Rubio-Ramírez, Spanish Economic Review, Vol. 10, March 2008, pp. 23-40.
Does Inflation Increase After a Monetary Policy Tightening? Answers Based on an Estimated DSGE Model, Journal of Economic Dynamics and Control, Vol. 31, March 2007, pp. 906-937.
Comparing New Keynesian Models of the Business Cycle: A Bayesian Approach, with J. F. Rubio-Ramírez, Journal of Monetary Economics, Vol. 52, September 2005, pp. 1151-1166.
Technology Shocks and Aggregate Fluctuations: How Well does the RBC Model Fit Post-War U.S. Data?, with J. Galí, NBER Macroeconomics Annual 2005, Vol. 19, pp. 225-288.