Working Papers

State Dependent Effects of Monetary Policy: the Refinancing Channel” with Martin Eichenbaum and Sergio Rebelo, Updated November 2018.

Peer Effects in Product Adoption” with Mike Bailey, Drew Johnston, Theresa Kuchler and Johannes Stroebel, Updated May 2019.

"Markups Across Space and Time" with Eric Anderson and Sergio Rebelo, Updated August 2018.

"Refinancing and the Transmission of Monetary Policy to Consumption" [online appendix], Revise & Resubmit, American Economic Review. [Previously titled “Population Aging and the Transmission of Monetary Policy to Consumption”], Updated May 2019. 

Published or Forthcoming Articles

“Trading Up and the Skill Premium” with Nir Jaimovich, Ben Miao and Sergio Rebelo, NBER Macroeconomics Annual, 2019.

"Trading Down and the Business Cycle" with Nir Jaimovich and Sergio Rebelo, Journal of Monetary Economics, Vol. 102, 2019, p 96-121.

"The Elasticity of Substitution between Time and Market Goods: Evidence from the Great Recession" with Aviv Nevo. International Economic Review, Vol. 60, No. 1, February 2019.

"Measuring Social Connectedness" with Mike Bailey, Rachel Cao, Theresa Kuchler, and Johannes Stroebel. Journal of Economic Perspectives, 32(3), Summer 2018.   [WP Version]   Appendix   Work with SCI   VoxEU Mentioned in: NYTimes, Economist, AEA, Bloomberg, Marginal Revolution

WORK IN PROGRESS

Peer Effects and Markups in Product Markets, with Michael Bailey, Theresa Kuchler and Johannes Stroebel.

Inferring the Value of Non-Market Time from Online Browsing Data, with Ethan Ilzetski and Loukas Karabarbounis.