Corporate Debt Maturity Matters For Monetary Policy
Accepted for publication at the Review of Economic Studies
Timo Reinelt
Federal Reserve Bank of San Francisco
I am an economist at the San Francisco Fed research department.
My research is in macroeconomics, monetary economics, and international economics.
I received my Ph.D. in Economics from the University of Mannheim in 2022. From 2022 to 2024 I worked at the ECB.
Conference organization:
- 2026 Pacific Basin Research Conference, November 20, 2026: Call for papers
- 2nd SF Fed Workshop on Expectations and Behavioral Macroeconomics, November 2, 2026: Program
- 1st SF Fed Workshop on Expectations and Behavioral Macroeconomics, October 27, 2025: Program, Photo
Publications
Firms' Inflation Expectations in a Monetary Union
Accepted for publication at the Journal of the European Economic Association
Do Inflation Expectations Become More Anchored During a Disinflation Episode? Evidence for Euro Area Firms
AEA Papers and Proceedings, Vol. 115, May 2025
Subjective Housing Price Expectations, Falling Natural Rates, and the Optimal Inflation Target
Journal of Monetary Economics, Vol. 149, January 2025
Monetary Policy, Markup Dispersion, and Aggregate TFP
Review of Economics and Statistics, Vol. 106 (4), 2024
Working Papers
Market Power and the Heterogeneous Pass-through of Corporate Taxes to Consumer Prices
SF Fed Working PaperSupersedes "Tax Thy Neighbor: The Pass-through of Local Corporate Taxes into Consumer Prices across German Regions"
ECB Working Paper ECB Research Bulletin
Selected Work in Progress
Inflation Uncertainty, Markups, and Monetary Policy
In preparation for the Carnegie-Rochester-NYU Conference Series on Public Policy