Ari Aisen

Last Updated: January 24, 2012

Ari Aisen

Ari Aisen is the Resident Representative of the International Monetary Fund in Tajikistan. His current research interests include Development Economics, Inflation Stabilization, Macroeconomic Effects of Political Business Cycles, Econometric Analysis applied to Open Economy Macroeconomics and Political Economy.

Email: AAISEN@imf.org

Fluent In: Hebrew, Portuguese, Russian, Spanish.

Education:

2003: PhD in Economics, University of California (UCLA).

1999: MSc in Economics, University of California (UCLA).

1998: MSc in Economics, Hebrew Univ. Jerusalem (Israel).

1992: BA in Economics, University of Sao Paulo (Brazil).


Awards and Honors:

UCLA Dissertation Year Fellowship, 2002-2003.

Golda Meir Award, Hebrew University of Jerusalem, 2001.


Other Professional Positions:

2009-2010: Central Bank of Chile, Head of International Surveillance Team, Financial Stability Division

2007-2009: Central Bank of Chile, Senior Economist, Department of Short-Term Forecasting

2005-2007: International Monetary Fund, Economist, Asia-Pacific Department

2004-2005: Economist, Monetary and Financial Systems Department, International Monetary Fund.

2003-2004: Economist, Western Hemisphere Department, International Monetary Fund.

1999-2002: Teaching Assistant, Department of Economics, UCLA.

1996-1998: Teaching Assistant, Department of Economics, Hebrew University of Jerusalem.

1993-1997: External Consultant in Brazil and Indonesia studying developments in the tin market, Wong Metals Company.


Others:

"The Political Economy of Seigniorage" (with Francisco Jose Veiga), Revise-and-resubmit Journal of Development Economics.

"Does Political Instability Lead to Higher Inflation? A Panel Data Analysis" (with Francisco Jose Veiga), Journal of Money, Credit, and Banking, 2006, Volume 38 Number 5.

"Money-based vs. Exchange-Rate-Based Stabilization: Is There Room for Political Opportunism?", IMF Staff Paper, June 2007 (Forthcoming)

"Political Instability and Inflation Volatility" (with Francisco Jose Veiga), IMF Working Paper WP/06/212.

"The Political Economy of Seigniorage" (with Francisco Jose Veiga), IMF Working Paper WP/05/175.

"Does Political Instability Lead to Higher Inflation? A Panel Data Analysis" (with Francisco Jose Veiga), IMF Working Paper WP/05/49.

"Money-Based vs. Exchange-Rate-Based Stabilization: Is There Space for Political Opportunism?", IMF Working Paper WP/04/94.

"Interest Rate Policy, Exchange Rate, Sterilization and Inflation: Israel 1991-1996", Hebrew University of Jerusalem, mimeo 1998.

"Do Budget Deficits Affect Interest Rates in Emerging Markets?" (with David Hauner)

"Political Instability and Growth" (with Rabin Hattari)

"Seigniorage and Political Business Cycles: Panel Data Evidence" (with Francisco Jose Veiga)

IMF Books and Working Papers:

Monitoring and Managing Fiscal Risks in the East African Community , African Departmental Paper No. 15/7 , August 13, 2015

Toward a Monetary Union in the East African Community : Asymmetric Shocks, Exchange Rates, and Risk-Sharing Mechanisms , African Departmental Paper No. 15/6 , July 20, 2015

How Does Political Instability Affect Economic Growth? , Working Paper No. 11/12 , January 01, 2011

Bank Credit during the 2008 Financial Crisis: A Cross-Country Comparison , Working Paper No. 10/47 , February 01, 2010

Budget Deficits and Interest Rates: A Fresh Perspective , Working Paper No. 08/42 , February 01, 2008

Political Instability and Inflation Volatility , Working Paper No. 06/212 , September 01, 2006

The Political Economy of Seigniorage , Working Paper No. 05/175 , September 01, 2005

Does Political Instability Lead to Higher Inflation? A Panel Data Analysis , Working Paper No. 05/49 , March 01, 2005

Money-Based Versus Exchange-Rate-Based Stabilization: Is There Space for Political Opportunism? , Working Paper No. 04/94 , June 01, 2004

Other Published Materials

"Political Instability and Growth in Nepal, Selected Issues Paper, January 2006.

"Policy Choices to Stabilize Inflation: Is There Space for Political Opportunism?", IMF Survey Vol.33, Number 16.

"Nepal: the challenge of translating peace into prosperity", IMF Survey Vol.36, Number 1.

"Determinants of Growth in Low-Income Asia", paper presented in the IMF-JBIC conference in Tokyo, April 2007.

Ari Aisen

Ari Aisen is the Resident Representative of the International Monetary Fund in Tajikistan. His current research interests include Development Economics, Inflation Stabilization, Macroeconomic Effects of Political Business Cycles, Econometric Analysis applied to Open Economy Macroeconomics and Political Economy.

Email: AAISEN@imf.org

Fluent In: Hebrew, Portuguese, Russian, Spanish.

Education:

2003: PhD in Economics, University of California (UCLA).

1999: MSc in Economics, University of California (UCLA).

1998: MSc in Economics, Hebrew Univ. Jerusalem (Israel).

1992: BA in Economics, University of Sao Paulo (Brazil).


Awards and Honors:

UCLA Dissertation Year Fellowship, 2002-2003.

Golda Meir Award, Hebrew University of Jerusalem, 2001.


Other Professional Positions:

2009-2010: Central Bank of Chile, Head of International Surveillance Team, Financial Stability Division

2007-2009: Central Bank of Chile, Senior Economist, Department of Short-Term Forecasting

2005-2007: International Monetary Fund, Economist, Asia-Pacific Department

2004-2005: Economist, Monetary and Financial Systems Department, International Monetary Fund.

2003-2004: Economist, Western Hemisphere Department, International Monetary Fund.

1999-2002: Teaching Assistant, Department of Economics, UCLA.

1996-1998: Teaching Assistant, Department of Economics, Hebrew University of Jerusalem.

1993-1997: External Consultant in Brazil and Indonesia studying developments in the tin market, Wong Metals Company.


Others:

"The Political Economy of Seigniorage" (with Francisco Jose Veiga), Revise-and-resubmit Journal of Development Economics.

"Does Political Instability Lead to Higher Inflation? A Panel Data Analysis" (with Francisco Jose Veiga), Journal of Money, Credit, and Banking, 2006, Volume 38 Number 5.

"Money-based vs. Exchange-Rate-Based Stabilization: Is There Room for Political Opportunism?", IMF Staff Paper, June 2007 (Forthcoming)

"Political Instability and Inflation Volatility" (with Francisco Jose Veiga), IMF Working Paper WP/06/212.

"The Political Economy of Seigniorage" (with Francisco Jose Veiga), IMF Working Paper WP/05/175.

"Does Political Instability Lead to Higher Inflation? A Panel Data Analysis" (with Francisco Jose Veiga), IMF Working Paper WP/05/49.

"Money-Based vs. Exchange-Rate-Based Stabilization: Is There Space for Political Opportunism?", IMF Working Paper WP/04/94.

"Interest Rate Policy, Exchange Rate, Sterilization and Inflation: Israel 1991-1996", Hebrew University of Jerusalem, mimeo 1998.

"Do Budget Deficits Affect Interest Rates in Emerging Markets?" (with David Hauner)

"Political Instability and Growth" (with Rabin Hattari)

"Seigniorage and Political Business Cycles: Panel Data Evidence" (with Francisco Jose Veiga)

IMF Books and Working Papers:

Monitoring and Managing Fiscal Risks in the East African Community , African Departmental Paper No. 15/7 , August 13, 2015

Toward a Monetary Union in the East African Community : Asymmetric Shocks, Exchange Rates, and Risk-Sharing Mechanisms , African Departmental Paper No. 15/6 , July 20, 2015

How Does Political Instability Affect Economic Growth? , Working Paper No. 11/12 , January 01, 2011

Bank Credit during the 2008 Financial Crisis: A Cross-Country Comparison , Working Paper No. 10/47 , February 01, 2010

Budget Deficits and Interest Rates: A Fresh Perspective , Working Paper No. 08/42 , February 01, 2008

Political Instability and Inflation Volatility , Working Paper No. 06/212 , September 01, 2006

The Political Economy of Seigniorage , Working Paper No. 05/175 , September 01, 2005

Does Political Instability Lead to Higher Inflation? A Panel Data Analysis , Working Paper No. 05/49 , March 01, 2005

Money-Based Versus Exchange-Rate-Based Stabilization: Is There Space for Political Opportunism? , Working Paper No. 04/94 , June 01, 2004

Other Published Materials

"Political Instability and Growth in Nepal, Selected Issues Paper, January 2006.

"Policy Choices to Stabilize Inflation: Is There Space for Political Opportunism?", IMF Survey Vol.33, Number 16.

"Nepal: the challenge of translating peace into prosperity", IMF Survey Vol.36, Number 1.

"Determinants of Growth in Low-Income Asia", paper presented in the IMF-JBIC conference in Tokyo, April 2007.