Momo Komatsu
Momo Komatsu
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Economist at the Federal Reserve Board
Economist at the Federal Reserve Board
 momo.komatsu@frb.gov
Hi! I'm an economist at the Trade and Financial Studies Section of the Federal Reserve Board. I obtained a DPhil (PhD) in Economics at the University of Oxford in 2025. My research interests include macroeconomics, monetary policy, international economics, energy, and heterogeneous agents.
My job market paper analyses the trade-offs policymakers faced in the 2022 Euro Area energy crisis regarding price cap policies. The cooperative decision is not to cap, but capping allows a country to avoid a crisis at the cost of negative spillovers on the uncapped country.
My other papers explore the effects of monetary policy to consumption inequality. I find that both real wages and unemployment play a crucial role in the transmission. Monetary policy can also play an important role during a cost-of-living crisis. During my summer at the IMF, I studied the optimal degree of exchange range stabilisation under diagnostic expectations.
Find out more under My Research!
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