Distributional Effects of Nominal Exchange Rate Depreciations Studied by Federal Reserve Economist

Gaston Navarro, a Senior Research Economist at the Federal Reserve Bank of Richmond, presented his research on the distributional effects of nominal exchange rate depreciations in a recent Macroeconomics Seminar.

The seminar, hosted by Sciences Po's Department of Economics, focused on the topic 'The Distributional Effects of Nominal Exchange Rate Depreciations: Theory and Evidence,' a joint paper with Mario Giarda.

Navarro's research explores how heterogeneity shapes the aggregate and distributional effects of shocks and policies, using empirical tools to quantify structural models.