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Salem Abo-Zaid

Ph.D., University of Maryland, College Park

Photo2Assistant Professor, Economics

Contact Information

Office: Public Policy 328
Phone: 410-455-2498

Curriculum Vitae, Personal Website

Research Interests:

Monetary Economics, Macroeconomics, Fiscal Policy, Labor-Macro.

Selected Publications

Credit Frictions and Optimal Labor-Income Taxation. Macroeconomic Dynamics, forthcoming.

Financing of Firms, Labor Reallocation and the Distributional Role of Monetary Policy. Scandinavian Journal of Economics, forthcoming. (With Anastasia Zervou)

Optimal Monetary Policy and Imperfect Financial Markets: A Case for Negative Nominal Interest Rates? Economic Inquiry, 2016, Vol. 54, pp. 215-228. (With Julio Garin)

Optimal Long-Run Inflation with Occasionally-Binding Financial Constraints. European Economic Review, 2015, Vol. 75, pp. 18-42.

Optimal Monetary Policy with the Cost Channel and Monopolistically-Competitive BanksJournal of Macroeconomics, 2015, Vol. 45, pp. 284-299.

Revisions to US Labor Market Data and the Public’s Perception of the Economy. Economics Letters, 2014, Vol. 122 (2), pp. 119-124.

Optimal Capital-Income Taxation in a Model with Credit Frictions. B.E. Journal of Macroeconomics (Advances), 2014, Vol. 14 (1), pp. 147-172.

Net Job Creation in the U.S. Economy: Lessons from Monthly Data, 1950-2011. Applied Economics, 2014, Vol. 46 (22), pp. 2623-2638.

Optimal Monetary Policy and Downward Nominal Wage Rigidity in Frictional Labor MarketsJournal of Economic Dynamics and Control, 2013, Vol. 37 (1), pp. 345-364.

On Credit Frictions as Labor-Income Taxation. Economics Letters, 2013, Vol. 118 (2), pp. 287-292.


Working Papers and Work in Progress

The Government Spending Multiplier in a Model with the Cost Channel.

Credit Constraints and the Government Spending Multiplier. (With Ahmed Hashmiwu)

A Fiscal Perspective of Nominal GDP Targeting. (With Ahmed Hashmiwu and Huiying Chen)

Taxation, Credit Frictions and the Cyclical Behavior of the Labor Wedge.


(For a complete list of publications, see Curriculum Vitae)