I am an Assistant Professor at the Department of Economics at Southern Methodist University. I am also a CESifo Research Network Affiliate. I received my Ph.D. in Economics from the University of Minnesota. Prior to that, I studied at CEMFI and Universidad Carlos III de Madrid.

My research combines income and spending micro-data with quantitative life-cycle and spatial models to answer questions on macroeconomic policy and labor economics; with a particular focus on measuring the propagation and pass-through of income and price changes to individuals' welfare.

Contact: romadera@smu.edu
picture

PUBLICATIONS AND ACCEPTED PAPERS

Skewed Idiosyncratic Income Risk over the Business Cycle: Sources and Insurance (with Chris Busch, David Domeij, and Fatih Guvenen) AEJ: Macroeconomics, April 2022
Income Contingent University Loans: Policy Design and an Application to Spain (with Antonio Cabrales, Maia Güell, and Analia Viola) - Economic Policy, July 2019

WORKING PAPERS (from most recent copy)

Does Self-Employment Pay? The Role of Unemployment and Earnings Risk (with Joaquin Garcia-Cabo) Resubmitted, Oxford Bulletin of Economics and Statistics
Consumption Dynamics and Welfare Under Non-Gaussian Earnings Risk (with with Fatih Guvenen and Serdar Ozkan) Under Review, Journal of Economic Dynamics and Control
Urban Welfare: Tourism in Barcelona (with Treb Allen, Simon Fuchs, Sharat Ganapati, Alberto Graziano, and Judit Montoriol-Garriga) - new draft coming soon!
Consumption and Tail Earnings Shocks - latest draft

WORK IN PROGRESS

Income Dynamics of Couples: Correlated Risks and Heterogeneous Within-Household Insurance (with Chris Busch and Fane Groes)
The Insurance Value of Public Insurance Against Idiosyncratic Income Risk (with Chris Busch)
Early-Career Job Instability and Life-Cycle Income Dynamics (with Antonio Cabrales and Maia Güell)