TIMOTHY MORELAND

TIMOTHY MORELAND

PhD Candidate in Economics

ABOUT ME

Welcome to my webpage! I am a Ph.D. candidate in Economics at Michigan State University.

My research interest is macroeconomics with an emphasis on monetary policy, financial markets, and firm heterogeneity.

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CV

EDUCATION

2016-2021 (Expected) PhD & MA in Economics, Michigan State University
Field: Macroeconomics
2014-2016 Master of Public Policy (MPP), University of Minnesota
2006-2009 BS in Economics & Political Science, University of Pittsburgh
Minor: Applied Statistics

RESEARCH

Monetary Policy and Firm Heterogeneity: The Role of Leverage Since the Financial Crisis
      Revise and Resubmit at Review of Economics and Statistics
      (Joint with Aeimit Lakdawala, working paper)
Financial Constraints and Firm Financing Over the Business Cycle
      (Work in progress)
The International Spillover Effects of US Monetary Policy Uncertainty
      (Joint with Aeimit Lakdawala and Matthew Schaffer, work in progress)

PRESENTATIONS

2019 Computing in Economics and Finance (Ottawa, Canada)
AEA Summer Program Fellows Brown Bag (East Lansing, MI)
Red Cedar Conference (East Lansing, MI)
Michigan State University Theory Brown Bag (East Lansing, MI)
2018 Michigan State University SWiM (East Lansing, MI)

TEACHING EXPERIENCE

Undergraduate
Course Instructor 		Intro to Macroeconomics (Summer 2018)
Undergraduate
Teaching Assistant		 Honors Macroeconomics & Public Policy (Spring 2018, Spring 2019)
Money, Banking, and Financial Markets (Spring 2018)
Intermediate Macroeconomics (Fall 2019)
Intro to Macroeconomics (Fall 2017, Fall 2018)
AEA Summer Program
Research Fellow		 Advanced Level Research Methods (Summer 2019)

RESEARCH EXPERIENCE

2019 Research Assistant to Aeimit Lakdawala
Department of Economics, Michigan State University
2017 Research Assistant to Leah Lakdawala
Department of Economics, Michigan State University
2014-2016 Research Assistant to Katie Genadek
Minnesota Population Center
2012-2014 Technical Research Assistant
MDRC, New York, NY
2011-2012 Marketing Research Analyst
Management Science Associates, Pittsburgh, PA
2009 Research Assistant to Daniela Donno
Department of Political Science, University of Pittsburgh
2007 Research Assistant to Devra Davis
University of Pittsburgh Cancer Institute

FELLOWSHIPS AND HONORS

2016 Michigan State University Distinguished Fellowship (2016-2021)
2009 Brackenridge Summer Research Fellowship (Honors College)
Finalist in “Europe: East and West” Undergraduate Research Symposium
Graduated Summa Cum Laude with Honors in Economics

COMPUTER SKILLS

Proficient in MATLAB, Stata, SAS, and LATEX
Introductory knowledge of SQL, R, and SPSS
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RESEARCH

WORKING PAPERS

Monetary Policy and Firm Heterogeneity: The Role of Leverage Since the Financial Crisis (with Aeimit Lakdawala) [PDF]
Revise and Resubmit at Review of Economics and Statistics

Abstract: We study how leverage determines firm-level responses to monetary policy. Using both high-frequency financial market and quarterly investment data, we find that the role of leverage in monetary transmission changed around the financial crisis of 2007-09. Firms with high leverage were less responsive to monetary policy shocks in the pre-crisis period but have become more responsive since the crisis. The higher responsiveness is driven by firms whose leverage is more dependent on long-term debt, suggesting an outsize role for monetary policy affecting long-term funding conditions since the crisis. We also find suggestive evidence for transmission through changes in monetary policy uncertainty.


PROJECTS IN PROGRESS

Financial Constraints and Firm Financing Over the Business Cycle
The International Spillover Effects of US Monetary Policy Uncertainty (with Aeimit Lakdawala and Matthew Schaffer)

CONFERENCE PRESENTATIONS

Workshop on Empirical Monetary Economics - December 2019 (Paris, France)
Midwest Macroeconomics Meetings - November 2019 (East Lansing, Michigan)
Computing in Economics and Finance - June 2019 (Ottawa, Canada)

TEACHING

Instructor, Michigan State University
EC 202 Introduction to Macroeconomics (Summer 2018)

Teaching Assistant, Michigan State University
EC 252 Honors Macroeconomics and Public Policy (Spring 2018, Spring 2019, Spring 2020)
EC 330 Money, Banking, and Financial Markets (Spring 2018)
EC 302 Intermediate Macroeconomics (Fall 2019, Spring 2020)
EC 202 Introduction to Macroeconomics (Fall 2017, Fall 2018)

Research Fellow, AEA Summer Program
ECSP 891 Advanced Level Research Methods (Summer 2019)

Cumulative Teaching Ratings (Average rating on 1-5 scale, 1 = highest)
Introduction to Macroeconomics: 1.7
Advanced Level Research Methods: 1.8

CONTACT

Get in Touch

morela24@msu.edu
724-996-1325
East Lansing, MI