Researcher Profiles Ekaterina Shabalina

Ekaterina's work studies the distributional consequences of aggregate shocks and how heterogeneity among households and firms affects macroeconomic dynamics. Her focus is on monetary policy transmission, international capital flows, and the labour market. Ekaterina holds a PhD from Goethe University, Frankfurt, and has previously worked in the Monetary Policy Department of the Russian Central Bank.

Academic publications

  • Shabalina E, E Faia and D Wiczer (2024) ‘Heterogeneous Effects of Monetary Policy on Job Flows across Income, Race, Gender, and Age’ AEA Papers and Proceedings, 114: 550-54.

Other Research Papers

  • Shabalina E and M Tzaawa-Krenzler (2025) ‘Heterogeneous Attention to Inflation and Monetary Policy’ IMFS Working Paper Series 219, Goethe University Frankfurt, Institute for Monetary and Financial Stability (IMFS).
  • Shabalina E and E Faia (2025) ‘Business Cycle Implications of Incomplete Markets Models’ CEPR Discussion Paper No. 20297.
  • Shabalina E and E Faia (2023) ‘Cyclical Move to Opportunities’ CEPR Discussion Paper No. 18546.
  • Faia E, E Shabalina and D Wiczer (2022) ‘Monetary Policy and Wage Inequality: the Labour Mobility Channel’ CEPR Press Discussion Paper No. 17741.
  • Faia E, M Kudlyak and E Shabalina (2021), ‘Dynamic Labor Reallocation with Heterogeneous Skills and Uninsured Idiosyncratic Risk’ CEPR Discussion Paper No. DP16008.
  • Meyer-Gohde A and E Shabalina (2022) ‘Estimation and Forecasting Using Mixed-Frequency DSGE Models’ Institute for Monetary and Financial Stability Working Paper Series No. 175.