Ricardo Reis is the A.W. Phillips Professor of Economics at the London School of Economics. He is also affiliated with the NBER, the CEPR, the ESRC Centre for Macroeconomics, and he is an Academic Adviser at the Bank of England and the FRB Richmond. He is the Chief Editor of the Journal of Monetary Economics and sits on the editorial boards of the Journal of Economic Literature and the Economic Journal. He previously taught at Columbia University and Princeton University, and has a Ph.D. from Harvard University.
His main area of research is macroeconomics, both theoretical and applied. Recent work has focused on quantitative easing and the central bank balance sheet, fiscal automatic stabilizers, the measurement and use of valuation-relevant inflation. Past research focused on theories of inattention, models of sticky information, inflation dynamics, price indices, and the study of monetary and fiscal policy. More recent and relevant policy work consisted of developing the concepts of the diabolic loop between banks and sovereigns and the cross-border flight to safety in the Euro crisis, and proposing the issuance of ESBies as a solution.