N.K.

Working papers & commentary · Vienna

Nik
Khosravipour

My research focuses on monetary economics and macroeconomic trends. Get in touch →

Abstract

I'm a WU Vienna economics graduate, writing about monetary policy and financial markets. My research includes questions about how central banks communicate and how much a policy decision changes market prices. I publish research notes and essays here.

Keywords: monetary policy · business cycles · institutional economics

2019
Fig. 1. US Treasury yield curve, 2019–2023. Live 2Y–10Y spread, basis points.

Selected work

  1. 01

    Argentina's Monetary Report Card: Promise versus Delivery under Milei

    Javier Milei won by promising to abolish the central bank and scrap the peso. He kept neither, and now runs the most hands-on monetary regime in the hemisphere. Inflation still collapsed, from 25 percent a month to near 2. The revolution he sold did not do it. A budget surplus propped up by elections and borrowed dollars did, lashed to an exchange-rate band that floats on the very inflation it is meant to kill. The win is real. Nothing makes it last.

  2. 02

    Discretion Over Rules: Federal Reserve Policy Departures and the Inflation Surge of 2021–2022

    The largest sustained departure from rules-based monetary policy in the post-Volcker era was followed by the highest inflation since 1983. This deep dive measures the distance the Federal Reserve strayed and tests whether that distance predicted what came next.

  3. 03

    Calibrated to the Headline: The Cost of a Reaction Function No One Can Write Down

    In four weeks the market repriced the Federal Reserve's policy path four times, on a hot CPI, a hawkish projection, an energy-driven PCE print, and a payroll miss. News about the economy moves any expected path. The rest of the movement priced something else: how a committee bound by no rule would choose to read that news. Data dependence is the honest name for discretion, and the honesty does not lower its price.

Recent research & writing

  1. 01

    Treasury Buybacks After the September Hike

    Treasury bought back $15.3 billion in long-term debt, yet long-term yields rose. The curve flattened, but does that show the buybacks lowered borrowing costs?

  2. 02

    Vote Until You Comply

    More MEPs voted against the EU's Chat Control law than for it, but it survived anyway, because rejection needed an absolute majority in a chamber that had already half emptied for the summer. No rule was broken, and that is the scandal. Brussels has treated a No as a scheduling problem before.

  3. 03

    Let Them Eat Facts: Why Inequality Today Isn’t the Real Crisis

    Inequality today is supposedly worse than on the eve of the French Revolution. The comparison fails on its own numbers, and the debate behind it has the moral weight backwards. It is always eat the rich, never feed the poor.

All research → All writing →

Projects

Codebase

research-kit

An open-source Claude Code plugin offers MIT-licensed tools for literature search, PDF processing, quote checks, and citation management, in version 0.1.0.

Python Claude Code Pandoc

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Codebase

Promise versus Delivery

A reproducible Python + R pipeline that rebuilds Argentina’s monetary panel from eight primary sources at a locked May 2026 vintage and tests what anchored the 2024–2026 disinflation.

R Python Chart.js

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Codebase

Discretion Over Rules

A reproducible R pipeline that scores the federal funds rate against three Taylor-rule specifications and tests whether the policy gap Granger-causes core PCE inflation.

R FRED Chart.js

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All projects →

Current work

I.

Economic research

Ongoing

I work on monetary policy, institutional economics, and financial markets, drawing on my coursework at WU Vienna and my own econometric work in R.

Research · Analysis

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II.

Students For Liberty Austria

Active

Running the national network includes organizing events with classical-liberal think tanks. I've also brought in speakers from the Cato Institute, George Mason, and the Austrian Economic Center.

Leadership · Coordination

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III.

Writing & commentary

Developing

I write essays and commentary about economics in practice, looking at policy decisions and the politics behind them.

Policy · Outreach

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About me

I'm a research intern at the American Institute for Economic Research from August to November 2026, working on monetary policy. I have a BSc in Business and Economics from WU Vienna.

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Get in touch

From mid-November 2026, I'm looking for research or analyst roles in banking and financial markets, or at think tanks and policy institutes working on monetary policy or macroeconomics. I'm also open to academic collaborations and independent projects. Email is the fastest way to reach me.

  1. Email (opens in new tab)
  2. LinkedIn (opens in new tab)
  3. GitHub (opens in new tab)
  4. Substack (opens in new tab)
  5. Curriculum vitae