Gabriel Mihalache
International Economics

Gabriel Mihalache

Contact:
mihalache.2@osu.edu

425 Arps Hall, Ohio State University, Columbus, OH 43210

Curriculum Vitae (PDF)

Google Scholar, GitHub

My name is Gabriel, I study topics in International Macroeconomics. My work explores the consequences of sovereign default risk for the maturity structure of public debt, sectoral reallocation, capital accumulation, and fiscal-monetary interactions. I am an incoming Assistant Professor of Economics at Ohio State University, starting Fall 2022. Previously, I was affiliated with the Department of Economics at Stony Brook University. I received my PhD in 2016, from the University of Rochester. I am Romanian and this is how you pronounce my last name.

News. April 2022: Marina, Laura, and I completed a revision of "Bargaining over Taxes and Entitlements in the Era of Unequal Growth," where we argue that the expansion of entitement spending in the US over the last 60 years can be understood through the interaction of budget rules and a process of "unequal growth," with near-stagnant incomes at the bottom.

Working Papers

Manuscripts with Decision

  • "Bargaining over Taxes and Entitlements in the Era of Unequal Growth," Apr 2022
    PDF

    with Marina Azzimonti and Laura Karpuska, revise & resubmit International Economic Review
  • "COVID-19 Vaccination and Financial Frictions," Dec 2021
    PDF

    with Cristina Arellano and Yan Bai, revise & resubmit IMF Economic Review
  • "Deadly Debt Crises: COVID-19 in Emerging Markets," Apr 2021
    PDF VMACS

    with Cristina Arellano and Yan Bai, revise & resubmit Review of Economic Studies
  • "Monetary Policy and Sovereign Risk in Emerging Economies (NK-Default)," Jan 2020
    PDF

    with Cristina Arellano and Yan Bai, reject & resubmit American Economic Review

In Progress…

  • "Predictable Interest Rate Movements, Implications for Emerging Markets," Mar 2022
    PDF Slides

    with Samuele Centorrino and Lei Li, initial draft
  • "Non Linear Dividend Taxation and Shareholder Disagreement," Feb 2021
    PDF

    with Alexis Anagnostopoulos and Eva Cárceles-Poveda, initial draft
  • "The Maturity and Payment Schedule of Sovereign Debt," Jun 2016
    PDF

    with Yan Bai and Seon Tae Kim, in limbo

Publications

  • "Sovereign Default Resolution Through Maturity Extension,"
    PDF DOI Code

    Journal of International Economics, Volume 125C, 2020, ISSN 0022-1996
  • "Default Risk, Sectoral Reallocation, and Persistent Recessions,"
    PDF DOI

    with Cristina Arellano and Yan Bai
    Journal of International Economics, Volume 112, 2018, ISSN 0022-1996
  • "The Payment Schedule of Sovereign Debt,"
    PDF DOI

    with Yan Bai and Seon Tae Kim
    Economics Letters, Volume 161, 2017, ISSN 0165-1765
Bargaining over Taxes and Entitlements in the Era of Unequal Growth

Resources

Teaching

All materials, including syllabi and recordings, are distributed via Carmen. Class-specific office hours are listed in the syllabus. For other appointments, please email. Students, please use mihalache.2@osu.edu and include the class name in the subject. Thank you!

Fall 2022

  • ECON 8862 International Economics 2

Previously (Stony Brook University)

  • ECO 305 Intermediate Macroeconomic Theory
  • ECO 325 International Economics (pre-2020)
  • ECO 325 International Trade
  • ECO 386 International Finance
  • ECO 531 Introduction to Computational Methods in Economics (MA)
  • ECO 610 Advanced Macroeconomic Theory (PhD)
  • ECO 613 Computational Macroeconomics (PhD)

Are you considering asking me to write a reference letter in support fo your grad school applications? Please read carefully the information available here, to help me help you. Thank you!

Door Decorations

It is traditional for academics to decorate their office doors with snippets from articles, media, social commentary, quotes, or cartoons. These are the current content on my door, as of June 2022:

Sovereign Yield Spreads