The Nomad Economist
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📄 Papers

Research papers, working drafts, and published academic work by Marcus.

May 2025

Sovereign Bond Spreads in an Era of Quantitative Tightening

A cross-country analysis of how QT regimes affect sovereign yield spreads across developed and emerging markets, with implications for portfolio allocation.

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March 2025

The Term Premium Re-Awakening: Structural Drivers After a Decade of Suppression

Examining how fiscal dominance, reserve demand shifts, and inflation regime changes are reshaping term premiums in major government bond markets.

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January 2025

Yield Curve Dynamics Under Fiscal-Monetary Coordination

Exploring the interaction between fiscal policy and central bank balance sheet management in determining the shape and trajectory of yield curves.

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