Andres P. Sarto

Postdoctoral Research Associate
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214 Julis Romo Rabinowitz Building

Andres Sarto is a Postdoctoral Research Associate in the Julis-Rabinowitz Center for Public Policy and Finance at the Woodrow Wilson School. His research studies the implications of microeconomic and regional interactions for macroeconomic outcomes, from an applied, methodological and theoretical perspective. One line of research investigates new ways of leveraging regional variation across time to estimate macroeconomic elasticities at the national level, both in linear and non-linear economies. In an application of this methodology, he estimates the national fiscal multiplier in the United States to be approximately one, suggesting that either crowding out or crowding in of private spending is likely small. In other work, he focuses on the relationship between government intervention in the banking sector and long-run growth, providing a novel mechanism to explain why this intervention might reduce the growth rate in economies with a less developed financial sector. He received his PhD in Economics from MIT in 2019.

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