Post-Doctoral Research Fellow at All Souls College
Associate Member in the Department of Economics at the University of Oxford
Research Affiliate at CEPR (IMF and MEF)
Email: rustam.jamilov@all-souls.ox.ac.uk
Info: CV Google Scholar
Research Statement (October 2025)
Work in Progress
18. Banking Unions
with Daniel Barbosa and Alexander Haas
ECB Access to Confidential Micro Data (Project 48)
17. Wholesale Funding Crises since 1800
with Tobias König, Sami K. Mahmood, Karsten Müller, and Farzad Saidi
16. The Geography of the Financial Accelerator
with Alexander Haas
ECB Lamfalussy Research Fellowship 2024
15. Quantifying Mental Health
with Renato Faccini, Alexandre Kohlhas, Sasha Talavera, and Mao Zhang
Working Papers
14. Measuring Conflict Inflation
John Fell Fund Early Career Researcher Main Award
Marjolin Prize at the European Money and Finance Forum
Updated: June 2025
13. Two Centuries of Systemic Bank Runs
with Tobias König, Karsten Müller, and Farzad Saidi
Updated: July 2025
[main paper only] [online appendix] [supplement] [website] [VoxEU]
12. Estimating the Elasticity of Intertemporal Substitution using Dividend Tax News
with Martin Holm, Marek Jasinski, and Plamen Nenov
Updated: July 2025
with Alexandre Kohlhas, Sasha Talavera, and Mao Zhang
Updated: February 2026
10. HBANK: Monetary Policy with Heterogeneous Banks
with Marco Bellifemine and Tommaso Monacelli
Updated: May 2025
with Sigurd Galaasen, Ragnar Juelsrud and Hélène Rey
Updated: November 2025
8. Social Capital and Monetary Policy
Updated: September 2025
7. Diversity, Equity, and Inclusion in General Equilibrium
Updated: March 2024
6. A Macroeconomic Model with Heterogeneous Banks
Updated: April 2021
Under Revision
5. Assortative Matching, Interbank Markets, and Monetary Policy
with Christian Bittner and Farzad Saidi
Updated: August 2025
Revise and Resubmit at American Economic Journal: Macroeconomics
4. The Regional Keynesian Cross
with Marco Bellifemine and Adrien Couturier
Updated: June 2025
Revise and Resubmit at Review of Economic Studies
with Hélène Rey and Ahmed Tahoun
Updated: December 2025
Revise and Resubmit at Journal of Finance (2nd Round)
[data]
Publications
2. Monetary Unions with Heterogeneous Fiscal Space
with Marco Bellifemine and Adrien Couturier
Journal of International Economics, July 2025
[published version] [replication files]
1. Bewley Banks
with Tommaso Monacelli
Review of Economic Studies, August 2025
[published version] [replication files]
Old or Dormant
Credit Market Power: Branch-level Evidence from the Great Financial Crisis
The Cross-Section of Risk-Taking and Asset Prices
with Nuno Coimbra and Hélène Rey
Interest Rate Pass-Through and Monetary Policy Asymmetry: a Journey into the Caucasian Black Box
with Balázs Égert
Journal of Asian Economics, 2014
Capital mobility in the Caucasus
Economic Systems, 2013
J-Curve Dynamics and the Marshall–Lerner Condition: Evidence from Azerbaijan
Transition Studies Review, 2012