Sanjay Raj Singh
Senior Economist
Federal Reserve Bank of San Francisco
San Francisco CA 94105
Email: sanjay.singh@sf.frb.org
Phone: (415)-974-3018
Associate Professor
Department of Economics
University of California
Davis CA 95616
Email: sjrsingh@ucdavis.edu
Phone: (530)-752-9938
Research Statement PDF [July 2023]
Research Interests: Macroeconomics, International Finance, Productivity Growth
Recent Media
Jordà, Singh, & Taylor “The Long-Run Effects of Monetary Policy” frbsf working paper
Covered by Bloomberg, Financial Times [1], Financial Times [2], Financial Times [3]
Summary at FRBSF Economic Letters
Jordà, Singh, & Taylor “Longer-run Economic Consequences of Pandemics” w26934.pdf
Covered by Barron's, Bloomberg, The Economist[1], The Economist [2], Reuters, The Telegraph
Summary at VoxEU and IMF Finance and Development
Eggertsson, Mehrotra, Singh, & Summers "A Contagious Malady? Open Economy Dimensions of Secular Stagnation" published draft
Working Papers
(with Emile A. Marin)
June 2024
(with Sushant Acharya and Keshav Dogra)
May 2023
(with Yumeng Gu)
February 2024
Asset Prices and Credit with Diagnostic Expectations
(with James Cloyne, Òscar Jordà, and Alan M. Taylor)
February 2024 (draft available upon request, coming soon)
Publications / Articles Accepted for Publication
The Review of Economics and Statistics, accepted.
(with Òscar Jordà and Alan M. Taylor)
July 2024
Won the Dr. Subir V Gokarn Best Paper Award at 19th Macroeconomics and Finance Conference
Review of Economic Studies, Volume 91, Issue 5, October 2024.
(with Jean-Paul L'Huillier and Donghoon Yoo)
American Economic Journal: Macroeconomics, forthcoming
(with Pablo Cuba-Borda)
Online Appendix with additional results
The Review of Economic Studies, Volume 90, Issue 6, November 2023, Pages 2822–2879.
(with Nicolas Caramp)
Won the Best Paper Award at the Delhi Winter School 2020
IMF Economic Review, Vol. 72(1), pages 152-195, March 2024.
(with Katheryn N Russ and Jay C Shambaugh)
European Economic Review, January 2024, 161, 104617.
(with Antonio Fatás)
Review of Economics and Statistics, Vol. 104 (1), pp 166–175, January 2022
(with Òscar Jordà and Alan M. Taylor)
Journal of Monetary Economics, Vol 117, pp. 871–886, January 2021
(with Vaishali Garga)
Online Appendix with proofs, additional results on fiscal policy, empirics, and quantitative
Journal of Economic Dynamics and Control, Vol 105, pp. 21–43, August 2019
(with Gauti Eggertsson)
India Policy Forum 2019, Vol 16: 1–47
(with Aeimit Lakdawala)
IMF Economic Review, Vol. 64(4), pp. 581–634, December 2016
(with Gauti Eggertsson, Neil Mehrotra and Larry Summers)
Tariffs and the Macroeconomy (publisher's link)
Oxford Research Encyclopedia in Economics and Finance, July 2023.
(with Xiangtao Meng and Katheryn N Russ)
Discussions
Golden Fetters and the Causal Effects of Countercyclical Monetary Policy, KJ Mitchener and G Pina, West Coast Workshop in International Finance, 2018 [discussion slides]
Multinational Firms, Trade and the Trade-Comovement Puzzle, G Udupa, CAFRAL conference on Financial system and Macroeconomy in Emerging Economies, 2018 [discussion slides]
Taking away the Punch Bowl: Monetary Policy and Financial Instability, KD Sheedy, XXI Annual Inflation Targeting Conference, 2019 [discussion slides]
Zombie Firm Dynamics and China's Monetary Policy, W Guo, D Jia and TW Li, 11th Tsinghua Workshop in Macroeconomics, 2019 [discussion slides]
Zombie Credit and (Dis-)inflation: Evidence from Europe. V Acharya, M Crosignani, T Eisert and C Eufinger, Bank of Finland and CEPR Joint Conference on Monetary Economics and Reality, 2019 [discussion slides]
Foreign-currency exposures and the financial channel of exchange rates: Eroding monetary policy autonomy? G Georgiadis and F Zhu, CEBRA-IFM Annual Conference, 2019 [discussion slides]
Dissecting Mechanisms of Financial Crises: Intermediation and Sentiment. A Krishnamurthy and W Li, CESifo Macro, Money and International Finance, 2021 [discussion slides]
Diagnostic Business Cycles. F Bianchi, C Ilut and H Saijo, NBER Monetary Economics Spring 2022 [discussion slides]
Assessing Central Bank Commitment to Inflation Targeting: Evidence From Financial Market Expectations in India. V. Garga, A. Lakdawala and R. Sengupta, CAFRAL conference on Financial system and Macroeconomy in Emerging Economies, 2022 [discussion slides]
Market Power and Monetary Policy Transmission. R. Duval, D. Furceri, R. Lee and M. Tavares, ASSA 2023 [discussion slides]
Can Today’s and Tomorrow’s World Uniformly Gain from Carbon Taxation? L. Kotlikoff, F. Kubler, A. Polbin, and S. Scheidegger, SF Fed "Climate and the Business Cycle Conference" 2023 [discussion slides]