WORKING PAPERS

"Trading Down and the Business Cycle", with Nir Jaimovich and Sergio Rebelo (Updated September 2017)

"Population Aging and the Transmission of Monetary Policy to Consumption" [online appendix], (Updated April 2016)

"The Elasticity of Substitution between Time and Market Goods: Evidence from the Great Recession", with Aviv Nevo.                             See summary in the NBER digest (Updated January 2017)

"Measuring Social Connectedness", with Mike Bailey, Rachel Cao, Theresa Kuchler, and Johannes Stroebel (July 2017; NBER version 2017). Mentioned in: Bloomberg

WORK-IN-PROGRESS

Quality of Consumption and the Skill Premium, with Nir Jaimovich, Ben Miao and Sergio Rebelo

Social Networks, Consumption and Product Adoption, with Mike Bailey, Theresa Kuchler and Johannes Stroebel

On the Cyclical of Gross Margins, with Eric Anderson and Sergio Rebelo

Wealth in the Pantry: Implications of Consumer Inventory Stockpiling for Household Savings