OMAR KAYKHUSRAW

Welcome to my page. I am a final year PhD candidate at King's College London under the supervision of Georgios Chortareas and George Kapetanios. My research focuses on money/macro and my thesis concerns the natural rate of interest. View my JMP below:

Job Market Paper

Prior to my doctorate, I read Economics at the University of Cambridge and Philosophy, Politics and Economics at the University of London. I enjoy studying the game of chess, formerly playing for the Cambridge University Chess Club. View my abridged CV below:

Curriculum Vitae

Working Papers

Longer-Run Equilibrium Interest Rates
Kaykhusraw, O. 2024. R&R, Under Minor Revision.

Time-Varying Implicit Inflation Targets
Kaykhusraw, O. 2024. R&R, Under Major Revision.

Equilibrium Interest Rates and Monetary Policy (Mis)perceptions
joint with Georgios Chortareas and George Kapetanios. Preparing.

Falling Stars in Small Open Economies,
joint with Georgios Chortareas. Preparing.

Research in Progress

Stellar Classification: Decomposing the R-Stars

A Buffer Stock Approach to Foreign Exchange Reserves,
joint with Georgios Chortareas and George Kapetanios.

Market Perceptions of the Natural Rate of Interest,
joint with Georgios Chortareas and Pierre Siklos.

Current Teaching

Assistant Professor of Economics, Northeastern University,
Macroeconomics I/II, Econometrics II/III, 2020 to Present.

Previous Teaching

Lead Graduate Teaching Assistant, King's College London,
Advanced Macroeconomics (Postgraduate), 2020 to 2024.
Winner of the 2024 Graduate Teaching Excellence Award.

Graduate Teaching Assistant, King's College London,
Mathematics for Economists (Undergraduate), 2022.

Presentations

2024: 39th Meeting of the European Economic Association and 76th Meeting of the Econometric Society; Annual Meeting of the Society for Economic Dynamics; Annual Conference of the Economic History Society.

2023: Annual Conference of the Royal Economic Society, Annual Conference of the Money, Macro and Finance Society; 7th International Conference on Applied Theory, Macro and Empirical Finance; 15th Forschungsschwerpunkt Internationale Wirtschaft Conference on International Economics; 93rd Annual Conference of the Southern Economic Association; 49th Annual Conference of the Eastern Economic Association; Annual Meeting of the Society for Economic Dynamics (DNA).

2022: Annual Conference of the Money, Macro and Finance Society; Annual Conference of the European Economic and Finance Society; Annual PhD Conference of the Royal Economic Society (DNA).

VAR Historical Decomposition

This function takes in the output from the VAR() function (see vars package) and computes the vector autoregression historical decomposition. It is an abridged translation of Cesa-Bianchi's MATLAB code (in the VAR-Toolbox) designed for R.

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Gaussian Error Propagation

This function determines the uncertainty (or error) of any mathematical expression containing estimated variables with uncertainties by taking the partial derivatives with respect to each variable multiplied by their uncertainty and added in quadrature.

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Adapted HLW (2017) Model

This code is used to estimate the natural rate of interest using an annually adapted Holston, Laubach and Williams (2017) multi-stage maximum likelihood estimation procedure, where the likelihood function is computed by the Kalman filter.

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Elements

i = 0;

while (!deck.isInOrder()) {
    print 'Iteration ' + i;
    deck.shuffle();
    i++;
}

print 'It took ' + i + ' iterations to sort the deck.';