Get to know our affiliated PhD Students!

At CeMoF we currently have 13 affiliated PhD students. Read more about them, their research and their thoughts about joining the Center below.

Sante Carbone, SBS

Sante Carbone. Photo: Private
Sante Carbone. Photo: Private

I am a first year PhD student at Stockholm University from Italy. Prior to joining SU, I concluded my master studies in Economics at the Stockholm School of Economics and worked three years in central banking, both at the ECB and Sveriges Riksbank. My experience at the two central banks has been fundamental in developing my research interests. These are primarily climate change and its interplay with monetary policy and financial stability as well as inequality and macro-finance. 

On the former point, I have recently co-authored an ECB working paper addressing the empirical relationship between firms' credit risk and climate transition risk.

Given this background, the decision to join CeMoF came straightforward to me as I see its money-finance track and the faculty at SU as a great environment to further develop my research skills.

Sante's profile page

Chloé Castagnet, ECON

Chloé Castagnet. Photo: Private
Chloé Castagnet. Photo: Private

I am a first-year PhD student at Stockholm University’s Department of Economics. I hold masters degrees from SU and Sorbonne Université.

I am interested in macroeconomics, with a focus on heterogeneity and inequalities.

I joined the CeMoF PhD track because I wish to consolidate my knowledge in financial stability, monetary economics and household finance before pursuing research in these fields. I look forward to taking part in the center's activities and to attending courses and seminars!

Chloé's profile page

Hanfeng Chen, Uppsala University

Hanfeng Chen. Photo: Uppsala University
Hanfeng Chen. Photo: Uppsala University

I am from Norway. I became interested in monetary economics after taking many macro and finance courses where "money" was curiously absent. 

Currently, I am interested in the macroeconomic consequences of market power of financial intermediaries (particularly banks).

Recently, I have been working on whether bank market power influences the transmission of interest rate on central bank money. 

I look forward to meeting and learning from like-minded students and faculty. 

Hanfeng's profile page

Alexander Czarnota, Uppsala University

Alexander Czarnota. Photo: Uppsala University
Alexander Czarnota. Photo: Uppsala University

I am a third-year PhD student in economics at Uppsala University.

I do research in macroeconomics, specifically monetary policy and the interaction between macro and finance.

I am currently working on my first project where I develop a dynamic stochastic general equilibrium (DSGE) model to study the effect of uncertainty on economic activity. I have also started working on my second project where I estimate the effect of changes in foreign economic conditions on domestic prices using Swedish registry data.

I think CeMoF is a great initiative as it brings together a lot of excellent macroeconomists within the greater Stockholm area. I am excited to be affiliated with CeMoF and look forward to interacting with other PhD students and researchers with similar research interests and to participate at seminars, workshops etc.

Alexander's profile page

Martina Dosser, IIES

Martina Dosser. Photo: Private.
Martina Dosser. Photo: Private.

I am a third-year graduate student at the IIES. I hold an MSc in Economics from the Stockholm School of Economics and an MA in Quantitative Economics and Finance from the University of St. Gallen.

My research interests lie within macroeconomics, with a focus on macroeconomic policy and inequality as well as international macroeconomics. In particular, I aim to contribute with my research to a better-informed policymaking, which also motivated my choice of pursuing a PhD in the first place.

Currently, I am working on a project about labor earnings changes, where I am investigating how wages and hours worked respond to booms and recessions, when firms are restricted in their ability to cut nominal wages.

CeMoF provides a great opportunity to discuss my work with other researchers interested in monetary policy and financial stability and I am looking forward to interacting and working with researchers both at CeMoF and at the Riksbank.

Martina's profile page

Maria Elena Filippin, Uppsala University

Maria Elena Filippin. Photo: Uppsala University
Maria Elena Filippin. Photo: Uppsala University

I started to develop my interest in research during the work for my thesis. In particular, I have always been curious about topics related to monetary policy. This interest led me to work at the European Central Bank, first as a Trainee and then as a Research Analyst in the Directorate General Monetary Policy. There, I joined a task force analyzing the policy implications of central bank digital currencies (CBDCs). During my PhD, I fostered my interest in CBDCs and the effect their issuance would have on the real economy.

In my first project, I construct a macroeconomic model with CBDC and bank deposits, and I analyze the equivalence of operating payment systems with financially constrained banks.

I first heard of the CeMoF initiative during the second year of my PhD. I am thrilled to be part of this center, and I look forward to meeting people with similar interests and discussing the leading topics in monetary policy and financial stability.

Maria Elena's profile page

Matthias Hänsel, SSE

Matthias Hänsel
Matthias Hänsel. Photo: Private

My name is Matthias Hänsel and I am a PhD student at the Stockholm School of Economics (SSE). I grew up in Germany and previously studied in Cologne and Tilburg (The Netherlands).

My main research area is Macroeconomics, with a particular focus on household heterogeneity and labour market frictions. Amongst others, some of my research analyses the aggregate effects of endogenously time-varying unemployment risk and labour market policies, including their interaction with monetary policy, using quantitative Heterogenous Agents New Keynesian (HANK) models. Regarding CeMoF's subject area, other relevant projects involve Central Bank Digital Currency (CBDC) and housing/mortgage market policies.

I wanted to get affiliated with CeMoF to better connect with the macroeconomics research community in the greater Stockholm area and look forward to interesting events and discussions.

Matthias's profile page

Nils Landén Mammos, ECON

Nils Landén Mammos
Nils Landén Mammos. Photo: Stockholm University

I started my PhD studies at Stockholm University in 2019 after two years at the Ministry of Finance, where I am still working part-time. One of my main tasks during these two years was to monitor the development on the housing market and since then I have been very interested in the relationship between the housing market and the real economy.

My research is mainly focused on the household aspects of this relationship and questions that I study are closely related to effects of macroprudential policies, especially in a Swedish context.

Personally I think CeMoF provides a great opportunity for me to connect with researchers and other PhD students that share my research interests, also outside of SU, which I hope will spur my thinking and ultimately improve my research. I also look forward to more exciting courses in the money-finance area.

Nils's profile page

Dario Luciani, SBS

Dario Luciani.
Dario Luciani. Photo: Private

I am a first year PhD student in Finance at Stockholm Business School. I have obtained a master degree in Economics from Bocconi University in Milan, Italy.

During my master, I started to take specific courses in monetary and financial economics. Prior to joining SBS, I worked as research assistant for a research centre in Bocconi University dealing with monetary innovation, where I was involved in research projects on cryptocurrencies, stablecoins and central bank digital currencies. 

This background has shaped my research interests, which are situated in the areas of monetary economics, banking and financial stability. Within the CeMoF PhD track, I aim to further develop my knowledge and to conduct research in these fields.

Dario's profile page

Jonas Overhage, ECON

Jonas Overhage. Photo: Private
Jonas Overhage. Photo: Private

I started studying Economics because Macro- & Monetary Economics were fascinating to me. During my Masters at the University of Bonn and noticed that I especially liked hands-on work on economic questions and thus decided to pursue a PhD. I enjoy working with heterogeneous-agent models, especially with regards to the effects of monetary policy and financial markets. I look forward to working on my own research in these areas!

My research interests are Macroeconomics and Monetary Economics.

Recently I have been working on numerical methods to solve heterogeneous-agent models and comparing the results generated by different approaches.

I find academic research on monetary policy very interesting, but I would also like to gain insight into how it compares to the actual work being done by central banks - CeMoF seems to provide the perfect framework for this, and I look forward to interacting with people from all the affiliated institutions.

Jonas's profile page

Krzysztof Pasierbek, ECON

Krzysztof Pasierbek. Photo: Private
Krzysztof Pasierbek. Photo: Private

I am a PhD student in the Department of Economics, SU and I am primarily interested in macro-finance topics. Previously I did research in stock-market related questions and spent some time in private sector, mostly banking and investments.

I am looking forward for further participation in the research environment created by CeMoF.

Krzysztof's profile page

Hedda Thorell, ECON

Hedda Thorell. Photo: Private
Hedda Thorell. Photo: Private

I was born and raised in Stockholm and received both my undergraduate and master’s degree in Economics from Stockholm University. I started my PhD in Economics during fall 2021, where the driving force was passion for research answering questions concerning monetary and macroprudential policy, and financial development and stability. In particular research providing insights into the connection between macroeconomics and financial markets.

My research interests center around these fields, where an ongoing project is about estimating the effects of a monetary policy tightening on precautionary savings and consumption, and how the effects differ depending on agents labour contract and nominal wage rigidity.

I got affiliated with CeMoF since the questions I am interested in are closely related to the centers research focus. I am looking forward to the center growing, hopefully implying more future seminars and policy-oriented research within the field.

Hedda's profile page

Zhiheng Xu, ECON

Zhiheng Xu. Photo: Stockholm University
Zhiheng Xu. Photo: Stockholm University

I am Zhiheng and I grew up in the States and China. I did both my bachelor's and master's in economics and finance.

I have always been interested in monetary policies and recently I have developed an avid interest in financial market structure. These two research interests fit pretty well with the directive of CeMoF and I feel very honored to be affiliated to the institution.

I have been working on a project to detect the toxic traders in the high frequency trades in the foreign exchange market and how that will influence market liquidity.

I hope during my time in CeMoF I can get guidance from the professors in the field and share insights with fellow PhD students with the same interests. 

Zhiheng's profile page

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