ECONOMIST
FEDERAL RESERVE BANK OF NEW YORK
Sebastian Heise
RESEARCH

Publications
The Missing Inflation Puzzle: The Role of the Wage-Price Pass-Through (2022)
(with Fatih Karahan and Aysegul Sahin)
Journal of Money, Credit, and Banking 54(S1), 7-51.
Derivatives and Credit Contagion in Interconnected Networks (2012) (with Reimer Kuehn)
European Physical Journal B: Condensed Matter and Complex Systems, 85(4), p 1-19
Working Papers
U.S. Market Concentration and Import Competition (Revise & Resubmit, Review of Economic Studies)
(with Mary Amiti)
Inflation Strikes Back: The Role of Import Competition and the Labor Market (In preparation for the 2023 NBER Macro Annual Conference Volume)
(with Mary Amiti, Fatih Karahan and Aysegul Sahin)
Firm-to-Firm Relationships and the Pass-Through of Shocks: Theory and Evidence (Revise & Resubmit, Review of Economics and Statistics)
Previous version: SSRN Working Paper No. 2898148
Labor Misallocation Across Firms and Regions
(with Tommaso Porzio)
Previous Version: Staff Report No. 898
Tariff Rate Uncertainty and the Structure of Supply Chains
(with Justin Pierce, Georg Schaur, and Peter Schott)
Input Sourcing under Supply Chain Risk: Evidence from U.S. Manufacturing Firms
(with Joaquin Blaum and Federico Esposito)
Estimates of Cost-Price Passthrough from Business Survey Data
(with Keshav Dogra, Edward Knotek, Brent Meyer, Robert Rich, Raphael Schoenle, Giorgio Topa, Wilbert van der Klaauw, and Wändi Bruine de Bruin)
Published Discussions
Discussion of "Should Germany Have Built a New Wall?" by Busch, Krueger, Ludwig, Popova, Iftikhar
(with Tommaso Porzio)
Journal of Monetary Economics, Vol. 113, August 2020.

Work in Progress
Understanding Worker and Firm Dynamics
(with Emilien Gouin-Bonenfant, Christian Moser, and Tommaso Porzio)
How Free is Free Entry?
(with Fatih Karahan, Ben Pugsley, and Aysegul Sahin)
Trade Elasticities in the U.S.-China Trade War
(with Levi Crews, Jonathan Dingel, and Felix Tintelnot)