Lehigh University
Economist interested in monetary policy, exchange rates, and international macroeconomics.
fabio.gomez-rodriguez [at] lehigh [dot] edu
Overview
Fabio Gomez-Rodriguez is an Assistant Professor of Economics at Lehigh University's College of Business. His research focuses on inflation dynamics, inflation expectations, exchange rate pass-through, and the interaction between monetary and fiscal policy, with an emphasis on modern macroeconometric methods.
He develops and applies functional time series and structural VAR models to study the distribution of inflation expectations and the transmission of economic shocks. His work has appeared in the Journal of Economic Dynamics and Control, and he collaborates with the Central Bank of Costa Rica on policy-relevant research. At Lehigh, he teaches graduate econometrics and time series analysis, directs the Honors Thesis Program, and coaches the Fed Challenge Club.
Selected Work
Published, Journal of Economic Dynamics and Control
Develops a structural framework to decompose yield curve movements into expectations and term-premium components, identifying fiscal and monetary shocks and quantifying their differential effects across maturities.
Paper linkUnder Review
Introduces a macro-accessible functional time series framework to analyze how structural shocks affect the entire distribution of inflation expectations, not just the mean, highlighting heterogeneous responses across households.
Paper linkWorking Paper
We examine whether exchange rate pass-through (ERPT) estimates accurately reflect the exchange rate's role in domestic inflation. In small open economies such as Costa Rica, only a small share of exchange rate fluctuations is attributable to exogenous shocks. Most structural models used to estimate the ERPT effect focus exclusively on these shocks, omitting systematic exchange rate movements that may have substantial effects on prices.
Paper linkWorking Paper
Develops an endogenous regime-switching SVAR to model nonlinear exchange rate pass-through dynamics in a small open economy, allowing regime transitions to depend on macroeconomic conditions.
Paper linkWorking Paper
Decomposes the term structure of inflation expectations into permanent and transitory components using functional principal components and structural identification, linking movements to macroeconomic shocks.
Paper linkWorking Paper
Develops unit root tests for functional autoregressive processes in Hilbert space, providing theoretical foundations and simulation evidence for persistence analysis in functional macroeconomic data.
Media Presence
Monetary Policy Report (Informe de Politica Monetaria), July 2025. Research cited in the official Monetary Policy Report.
LinkMonetary Policy Report (Informe de Politica Monetaria), January 2024. Research cited in the official Monetary Policy Report.
Link"Why Do Prices Always Have to Go Up?" (June 13, 2025).
Link"Federal Reserve Survey Shows Consumer Inflation Expectations Holding Steady" (April 8, 2024).
Link"Fabio Gomez-Rodriguez on How the Economy Is Doing."
Link"What's Inflation Expectation?" (Fall 2023).
LinkCoverage of the economic impact of Musikfest on the Lehigh Valley economy (August 9, 2025).
LinkReports
with Catalina Sandoval.
Linkwith Adriana Corrales Quesada and Carlos Segura-Rodriguez.
LinkContact
Department of Economics, Lehigh University
Bethlehem, PA, USA
Office: (610) 758-3425
fabio.gomez-rodriguez [at] lehigh [dot] edu
© 2026 Fabio Gómez-Rodríguez. All rights reserved.
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