## MONICA TRAN-XUAN

## Source details

**Canonical URL:** [MONICA TRAN-XUAN](https://www.imf.org/-/media/files/cv/pdfs/monica-tranxuan.pdf)

## Other formats

- [Markdown version](/-/media/files/cv/pdfs/monica-tranxuan.pdf.md)
- [Structured JSON version](/-/media/files/cv/pdfs/monica-tranxuan.pdf.json)

---

### Contact and Affiliation
- Address: International Monetary Fund, 700 19th St NW, Washington, DC 20431
- E-mail: monica.tranxuan@gmail.com
- Phone: (262) 225-1562
- Website: www.monicatranxuan.com
- Current position: Economist, Research Department, International Monetary Fund, 2024-Present

### Previous Positions
- Assistant Professor, Department of Economics, University at Buffalo (SUNY), 2022-2024
- Visiting Scholar, Research Department, Federal Reserve Bank of Chicago, 2022-2024
- Research Analyst, Research Department, Federal Reserve Bank of Minneapolis, 2016-2020
- Dissertation Intern, Research Department, Federal Reserve Bank of St. Louis, 2019
- Dissertation Fellow, Research Department, Federal Reserve Bank of Richmond, 2017
- Teaching Assistant, University of Minnesota, 2015-2016
- Pioneer Research Scholar, Economics, Carroll University, 2013-2014
- Research Assistant, Department of Mathematics, Carroll University, 2012-2013

### Education
- Ph.D. Economics, University of Minnesota, 2020
- M.A. Economics, University of Minnesota, 2017
- B.Sc. Mathematics & Economics (summa cum laude), Carroll University, 2014

### Research Fields
- Macroeconomics
- International Finance
- Public Finance

### Publications (selected)
- “Optimal Redistributive Policy in Debt Constrained Economies,” Journal of International Economics (2023), Vol. 144, 103785
- “Will the U.S. Velocity of Money Rise up Again? New Evidence from Random Walk Hypothesis,” Undergraduate Economic Review (2014), Vol.10: Iss.1, Article 14

### Working Papers
- “Family Policies and Child Skill Accumulation” (with Emily Moschini), R&R Review of Economic Dynamics
- “Sovereign Debt Sustainability and Redistribution”

### Work in Progress
- “Sovereign Default and Cost of Redistribution”
- “Sudden Stops and Consumption Inequality with Nonhomothetic Preferences,” with Fernando Arce and Yaakov Levin
- “What Moves Sovereign Credit Risk? The Role of Information,” with Han Zhang
- “Inequality, Redistribution, and Sovereign Risk,” with Stelios Fourakis
- “Optimal Default and Redistributive Policies,” with Ross Batzer

### Honors and Awards
- 2020 Best Paper Nomination in Macroeconomics, Winter School by the Delhi School of Economics and the Econometric Society, for “Redistribution, Sovereign Debt, and Optimal Taxation”
- 2017 AEA Summer Economics Fellowship
- 2016 Distinguished Teaching Assistant, University of Minnesota
- 2015 Morton and Artice Silverman Fellowship, University of Minnesota
- 2014 Bert and Susan Hill Gross Fellowship, University of Minnesota
- 2014 Mathematics Major of the Year, Carroll University
- 2014 Phi Kappa Phi, Carroll University
- 2013, 2014 Who’s Who Among American Colleges and Universities, Carroll University
- 2013 Outstanding Student in Economics Award, Carroll University

### Presentations (selection)
- 2024: Society for the Advancement of Economic Theory (Santiago, Chile); Queen’s University; Midwest Macro (Richmond); DebtCon7 (Paris)
- 2023: University of Rochester; McMaster University; University of Houston; University of Minnesota
- 2022: Midwest Economics Association Meeting (Minneapolis); Midwest Macroeconomics Meetings (Utah); Asian Econometric Society Meeting (virtual); Australasian Econometric Society Meeting (virtual); European Summer Econometric Society Meeting (Milan); Midwest Macroeconomics Meetings (Dallas)
- 2021: Econometric Society Meetings: North American Winter (poster), Africa, North American Summer, Asia, China, Australasia, European Summer, Latin American; Virtual Macro Seminar; Society for Economic Dynamics (Minneapolis)
- 2020: FRB Minneapolis; University at Buffalo; Yale-NUS College; Wesleyan University; International Economics and Finance Workshop (virtual); Vietnamese Research Seminar Series (virtual); National Taxation Association Annual Meeting (virtual); Winter School by the Delhi School of Economics and the Econometric Society (virtual)
- 2019: North American Summer Meeting of the Econometric Society (Seattle); FRB St. Louis
- 2018: Midwest Economics Association Meeting (Evanston); Midwest Macroeconomics Meetings (Madison); European Economic Association Congress (Cologne, Germany)
- 2017: FRB Richmond; National Taxation Association Annual Meeting (Philadelphia)
- 2014: FRB Dallas

### Teaching Experience
- University at Buffalo (Instructor)
  - Undergraduate: Intermediate Macroeconomics (Spring 2022-2023), Financial Economics (Spring 2021-2022)
  - Master’s: Macroeconomic Theory (Fall 2020-2023), Independent Research (Fall 2022, Spring 2023)
  - Ph.D.: Macroeconomic Theory I (Fall 2020-2023), Public Finance and Fiscal Policy II (Spring 2021, 2023), Independent Research (Spring 2022), Thesis Guidance (Fall 2022, Spring 2023)
- University of Minnesota (Teaching Assistant)
  - Ph.D.: Macroeconomic Theory (Fall 2015, Spring 2016), Numerical Methods (Summer 2016)
- Carroll University (Teaching Assistant/Tutor)
  - Undergraduate: Intermediate Algebra (Fall 2013, Spring 2014), Computational Thinking (Fall 2012, Spring 2013), Calculus (2011-2014), Introduction to Statistics (2011-2014)

### Professional Service and Departmental Roles
- Referee for Economics Letters, Journal of International Economics, Macroeconomic Dynamics
- Departmental service:
  - Master’s Macroeconomics Comprehensive Exam Committee (Chair, 2020—Present)
  - Ph.D. Macroeconomics Comprehensive Exam Committee (2021—Present, Chair in Spring 2022)
  - Ph.D. Student Admissions Committee (2021—Present)
  - Ph.D. Committee (2021—Present)

### Supervision
- Ph.D. student: Han Zhang (Advisor, Capital One)

### Technical Skills, Languages, and Citizenship
- Computer skills: Fortran, Python, MATLAB, Julia, Stata, R, LaTeX, LyX
- Languages: English (fluent), Vietnamese (native), Spanish (basic)
- Citizenship: Vietnam (U.S. Permanent Resident)

---


_Source: https://www.imf.org/-/media/files/cv/pdfs/monica-tranxuan.pdf_