Nicholas Caramp

Nicholas Caramp is an Assistant Professor of Economics at the University of California, Davis. He holds a PhD from MIT (2017), an MA and BA from Universidad Torcuato Di Tella (Argentina, 2014 and 2009). His research focuses on macroeconomics, monetary theory, and financial frictions, particularly the interplay between financial crises and policy design. He examines how financial sector developments impact the real economy and how regulations or policies can mitigate systemic risks.

• Education: PhD in Economics, MIT (2017); MA in Economics (2014); BA in Economics (2009), both from Universidad Torcuato Di Tella.

His work explores monetary policy transmission mechanisms, wealth effects from government debt and private debt, and the cyclical nature of financial crises. Recent studies analyze how policy responses to crises (e.g., liquidity traps, adverse selection in markets) can be optimized. His research has been recognized with the Best Paper Award at the Delhi Winter School 2020 for work on bond premium cyclicality.

Advising and grants: No explicit grant details provided. Focus on collaborative work with co-authors like Dejanir Silva and Sanjay Singh. Current research includes projects on post-pandemic inflation dynamics and liquidity constraints in firm investment decisions.