Vincent Sterk


Lecturer (Assistant Professor)

Department of Economics

University College London

Drayton House, Gower Street,

London WC1E 6BT, UK

Phone: +44 207 679 5877



|Curriculum Vitae | Research| Teaching | Home |



Research interests: Business Cycles, Monetary Policy, Firm Dynamics, Labor Markets, Housing Markets, and Inequality.


Working Papers


The Nature of Firm Growth with Ben Pugsley and Petr Sedlacek (2017). VoxEU column.


Macroeconomic Fluctuations with HANK and SAM: an Analytical Approach, with Morten O. Ravn (2016).

Also available as CFM Discussion Paper 2016-33 and CEPR Discussion Paper 11696. VoxEU column.


The Dark Corners of the Labor Market(2016).


Reviving American Entrepreneurship? Tax Reform and Business Dynamism, with Petr Sedlacek. In preparation for the Journal Of Monetary Economics/ Carnegie-Rochester-NYU Conference Series on Public Policy.





The Transmission of Monetary Policy Operations through Redistributions and Durable Purchases, with Silvana Tenreyro (2013). accepted, Journal of Monetary Economics.


Job Uncertainty and Deep Recessions, (2017) , Vol. 57 (2), pp. 217-225 , Journal of Monetary Economics, with Morten O. Ravn,

previous version.


The Growth Potential of Startups over the Business Cycle, (2017), Vol. 107 (10), pp. 3182-3210, American Economic Review, with Petr Sedlacek, appendix. Earlier version.


Home Equity, Mobility, and Macroeconomic Fluctuations, (2015), Vol. 74, pp. 16-32, Journal of Monetary Economics.


The Myth of Financial Innovation and the Great Moderation (2011), Economic Journal, Vol. 121, Issue 335, pp. 707, with Wouter den Haan.


Credit Frictions and the Comovement between Durable and Non-durable Consumption (2010), Journal of Monetary Economics, Vol. 57 (2), pp. 217-225.



Comments on "The Forward Fiscal Guidance Puzzle and a Resolution" by M. Canzoneri, D. Cao, R. Cumby, B. Diba, and W. Luo, Journal of Economic Dynamics and Control, 2017 Gerzensee conference volume, forthcoming. Link to publication.



Work in Progress

Startups, Leverage and Productivity during a Financial Crisis, with Ralph de Haas, Neeltje van Horen, and Jasper de Winter.