Irina B. Panovska
Irina Panovska

I am an associate professor of economics at the School of Economic, Political, and Policy Sciences at the University of Texas at Dallas

My primary research fields are macroeconomics and econometrics, and my research focuses on nonlinear models of the business cycle. In particular, I am interested in how nonlinearities in demand shocks transmit to the macroeconomy and to labor markets, and in developing time series models that disentangle permanent from cyclical movements in macroeconomic variables.

I received my PhD in economics from Washington University in St. Louis in 2013. I received my MA in economics from Washington University in St. Louis in 2009, and my BA in economics and BS in mathematics from Ohio University in 2007. Prior to joining UT Dallas I was a Frank Hook assistant professor of economics at Lehigh University. I have also held visiting scholar positions at the University of New South Wales in Sydney, Australia, and the EFZG in Zagreb, Croatia.

I am the treasurer and an elected member of the executive committee of the Society for Nonlinear Dynamics and Econometrics.

In spring 2020 I am teaching Economics 4385/ 5397 (Business and Economic Forecasting, undergraduate and MS graduate). In the fall semester I teach Economics 6302 (Macroeconomics 1, graduate core).

I have previously taught Time Series Analysis (at the undergraduate and graduate level), Business, Government, and Macroeconomic Policy (advanced macroeconomics, undergraduate/ MS graduate, writing-intensive), Money and Banking (undergraduate core business class), and the Federal Reserve Challenge (undergraduate experiential learning class on monetary policy). I have also co-taught a graduate PhD Seminar on advanced topics in macroeconomics.

Publications

Working Papers

* Denotes A Current or Former Student

Work In Progress

  • Weak Identification, the Pile-up Problem, and Finite-Sample Inference for ARMA Models
    with James Morley and Charles R. Nelson
    Currently Updating the Draft; the Previous Draft is Available on Request
  • Learning Based Inflation Expectations in an Unobserved Components Model
    with Srikanth Ramamurthy
    Draft Available on Request

Upcoming and Recent Presentations and Media Coverage

Upcoming Presentations

  • Rescheduled to present "Learning Based Inflation Expectations in an Unobserved Components Model" at the annual symposium of the Society for Nonlinear Dynamics and Econometrics in September 2020. My coauthor Josip Tica will present our joint work "Business Cycle Synchronization and Asymmetry in the European Union"

Recent Presentations

  • Presented "Learning Based Inflation Expectations in an Unobserved Components Model" at the Southern Economic Association Meeting in November 2019
  • Presented "A Look at Jobless Recoveries in G7 Countries" at Clark University on October 28th 2019
  • Presented "A Look at Jobless Recoveries in G7 Countries" at the Midwest Econometrics Group meeting (October 11-12), where also served as one of the mentors at the Mentoring Workshop for Junior Female Economists
  • Presented "A Look at Jobless Recoveries in G7 Countries" at the 27th Annual Symposium of the Society for Nonlinear Dynamics and Econometrics at the Federal Reserve Bank of Dallas in Dallas, Texas March 28th 2019
  • Presented "When is Discretionary Fiscal Policy Effective" in an organized session on the macroeconomic effects of fiscal policy at the Eastern Economic Association Conference in New York, New York
  • Presented "When is Discretionary Fiscal Policy Effective at the Southern Economic Association Conference in Washington DC (November 17th-20th, 2018). My coauthors Erkmen Giray Aslim and Ahmed Elroukh presented our joint work
  • Presented "When is Discretionary Fiscal Policy Effective?" at the Midwest Econometrics Group Meeting October 27th in Madison, Wisconsin
  • Presented "Is Business Cycle Nonlinearity Intrinsic in Industrialized Economies?" at the 5th Conference of the International Association for Applied Econometrics (IAAE 2018) June 26th-29th in Montreal, Canada
  • Visited the University of Zagreb June 14th-21st, 2018 where I taught a workshop on Empirical Tools in Macroeconomics June 18th-21st

Media Coverage

  • I discussed my work on jobless recoveries and low growth in wages in an interview for ILUminate.
  • My work with Chad Meyerhoefer and Richard Manski was featured in The Hill.