About
Jonathan’s specialist area of expertise is macroeconomics, in which he’s produced and published with a co-author a number of papers which principally focus on the issue of optimal design of the monetary regime, especially as regards whether a central bank should disclose to the public at large its own assessment of the state of the economy. One vein of research to which Jonathan has contributed relates to the macroeconomic theory of unionised economies, while in more recent years his work has investigated the policy design implications of agents being heterogeneously informed about macroeconomic shocks (for example, slumps in consumer sentiment or business confidence which affect aggregate demand, or supply-side developments which influence productivity, such as virus epidemics disrupting supply networks or weather events affecting crop yields). Academic journals which have published papers co-authored by Jonathan include American Economic Review, Journal of Money, Credit & Banking, and Journal of Economic Behavior.