Research


Journal publications

Financial Intermediation and Aggregate Demand: A Sufficient Statistics Approach [pdf] [published version]

(with Yu-Ting Chiang)

Review of Economic Studies, forthcoming


A Characterization of Income Dynamics in Poland Using Administrative Data [pdf] [published version]

(with Paweł Chrostek, Lucas van der Velde, and Tom Zawisza)

Journal of Macroeconomics, forthcoming


Demographic Transition and the Rise of Wealth Inequality [pdf] [published version]

(with Krzysztof Makarski and Joanna Tyrowicz)

Economic Journal, forthcoming


Some Unpleasant Markup Arithmetic: Production Function Elasticities and their Estimation from Production Data [pdf][NBER Working Paper 27002]

(with Steve Bond, Arshia Hashemi, and Greg Kaplan)

Journal of Monetary Economics, 121, July 2021 (Carnegie-Rochester-NYU Conference on Public Policy)


Working papers

Markups, Labor Market Inequality and the Nature of Work (accepted at the Review of Economic Studies) [pdf] [NBER Working Paper 26800]

(with Greg Kaplan)


Optimal Asset Market Operations [pdf] [St. Louis Fed Working Paper 2025-014]

(with Yu-Ting Chiang)


Work in progress

Sufficient Statistics for Exchange Rate Policy

(with Yu-Ting Chiang)


Dimension Reduction for Asset Demand

(with Yu-Ting Chiang, Harris Dellas, and Harald Uhlig)


Financial Repression and Sovereign Default

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