Staff profile

Mini Biography

Tatiana Damjanovic joined the Department of Economics at the University of Durham as a Professor in 2015. She obtained her first degree in Functional Analysis, Mathematics from the Moscow State University. Then she got a Master degree from the New Economic School and worked as a Domestic Debt Expert for the Ministry of Finance of the Russian Federation. She hold Ph.D. from the Stockholm School of Economics under supervision of Lars Ljungqvist. Tatiana previously worked as an Associate professor at the University of Exeter and as a lecturer and Reader at the University of St. Andrews. Her primary research area is Macroeconomics and Banking.

• Macroeconomics
• Monetary policy
• Macro-prudential policy
• Economics of Banking
• Public economics
• Fiscal policy

• 2019: MMF (The Money Macro and Finance) Committee member: The Money Macro and Finance (MMF) research group runs a wide range programme of events seeking to promote and disseminate macroeconomic research for academics, policymakers and business economists. 
• 2019: FCT Evaluation Panel in Economics member: FCT is the Portuguese national funding agency for science, research and technology.
• 2017: Academy of Finland review panel in economics: Tatiana Damjanovic was invited to act as a member of the review panel for research project proposals in the field of economics by the Research Council for Culture and Society of the Academy of Finland

Journal Article

• Cooke, D., & Damjanovic, T. (2024). Monetary Policy and Welfare with Heterogeneous Firms and Endogenous Entry. Journal of Money, Credit and Banking, https://doi.org/10.1111/jmcb.13158
• Damjanovic, T., Damjanovic, V., & Nolanz, C. (2021). Unconditionally Optimal Ramsey policy. Journal of Macroeconomics, 69, Article 103346. https://doi.org/10.1016/j.jmacro.2021.103346
• Damjanovic, T., Damjanovic, V., & Nolan, C. (2020). Default, bailouts and the vertical structure of financial intermediaries. Review of Economic Dynamics, 38, 154-180. https://doi.org/10.1016/j.red.2020.04.002
• Damjanovic, T., & Selvaretnam, G. (2020). Economic Growth and Evolution of Gender Equality. Manchester School, 88(1), 1-36. https://doi.org/10.1111/manc.12274
• Cooke, D., & Damjanovic, T. (2020). Optimal Fiscal Policy in a Model of Firm Entry and Financial Frictions. Review of Economic Dynamics, 35, 74-96. https://doi.org/10.1016/j.red.2019.05.001
• Damjanovic, T., Girdėnas, S., & Liu, K. (2015). Stationarity of econometric learning with bounded memory and a predicted state variable. Economics Letters, 130, 93-96. https://doi.org/10.1016/j.econlet.2015.03.011
• Damjanovic, T., Damjanovic, V., & Nolan, C. (2015). Ordering Policy Rules with an Unconditional Welfare Measure. International journal of central banking, 11(1), 103-149
• Damjanovic, T., & Girdėnas, Š. (2014). Quantitative easing and the loan to collateral value ratio. Journal of Economic Dynamics and Control, 45, 146-164. https://doi.org/10.1016/j.jedc.2014.05.013
• Damjanovic, T., & Nolan, C. (2011). Second Order Approximation to the Rotemberg Model around a Distorted Steady State. Economics Letters, 110(2), 132-135
• Damjanovic, T., & Nolan, C. (2010). Relative Price Distortions and Inflation Persistence. The Economic Journal, 120(547), 1080-1099
• Damjanovic, T., & Ulph, D. (2010). Tax Progressivity, Income Distribution and Tax Non-Compliance. European Economic Review, 54(4, mAY 2010), 594-607
• Damjanovic, T., & Nolan, C. (2010). Seigniorage-maximizing inflation. Journal of Money, Credit and Banking, 42(2-3), 503-519
• Damjanovic, T., Damjanovic, V., & Nolan, C. (2008). Unconditionally Optimal Monetary Policy. Journal of Monetary Economics, 55(3), 491-500. https://doi.org/10.1016/j.jmoneco.2008.01.003
• Damjanovic, T. (2006). ON THE POSSIBILITY OF PARETO-IMPROVING PENSION REFORM. Manchester School, 74(6), 711-724. https://doi.org/10.1111/j.1467-9957.2006.00525.x
• Damjanovic, T., & Nolan, C. (2006). SOME WELFARE IMPLICATIONS OF OPTIMAL STABILISATION POLICY IN AN ECONOMY WITH CAPITAL AND STICKY PRICES. Scottish Journal of Political Economy, 53(1), 47-71. https://doi.org/10.1111/j.1467-9485.2006.00370.x
• Damjanovic, T. (2005). Lorenz dominance for transformed income distributions: A simple proof. Mathematical Social Sciences, 50(2), 234-237. https://doi.org/10.1016/j.mathsocsci.2005.04.005
• Pastor, G., & Damjanovic, T. (2003). The Russian Financial Crisis and Its Consequences for Central Asia. Emerging Markets Finance and Trade, 39(3), 79-104. https://doi.org/10.1080/1540496x.2003.11052539

Working Paper

• Cooke, D., & Damjanovic, T. (2018). The Macroeconomic Implications of Firm Selection
• Damjanovic, T., Damjanovic, V., & Nolan, C. (2017). Unconditionally Optimal Ramsey policy
• Damjanovic, T., Damjanovic, V., & Nolan, C. (2016). Risk Management and the Money Multiplier