Thomas Drechsel is a macroeconomist, Assistant Professor at the Economics Department of the University of Maryland, and Research Affiliate at the CEPR.
His research focuses on credit frictions, the effects of income inequality on firms, various aspects of monetary policy, the role of commodities for emerging market economies, as well as real-time monitoring of economic activity. His work has been published in the Review of Economic Studies, the American Economic Journal: Macroeconomics, the Journal of Monetary Economics and the Journal of Finance. It has also featured in major news outlets such as the Financial Times.
Thomas is a German national and holds a PhD from the London School of Economics and Political Science.
VoxEU Column
The long and variable lags of monetary policy: Evidence from disaggregated price indices
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- Inflation 
- Monetary Policy
Official White House Photo by Andrea Hanks
VoxEU Column
The economic consequences of political pressure on the Federal Reserve
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- Monetary Policy 
- Politics and economics
VoxEU Column
How income inequality affects job creation at small and large firms
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- Labour Markets 
- Poverty and Income Inequality
VoxEU Column
Identifying monetary policy shocks: A natural language approach
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- Monetary Policy
VoxEU Column
Standard macro and credit policies cannot deal with global pandemic: A proposal for a negative SME tax
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- COVID-19 
- Labour Markets 
- Taxation