Research


Journal publications

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 [pdf] [NBER Working Paper 26800]

(with Greg Kaplan)


Asset Supply and Liquidity Transformation in HANK [pdf] [St. Louis Fed Working Paper 2022-038]

(with Yu-Ting Chiang)


In progress

Financial Crises and Bank Bailouts in a Heterogeneous Agent Economy

(with Yu-Ting Chiang and Mikayel Sukiasyan)


Longevity vs. Income Inequality: What Shapes the U.S. Wealth Distribution?

(with Krzysztof Makarski and Joanna Tyrowicz)


Sector-Specific Shocks and Optimal Exchange Rate Regime

(with Gustavo González)


Sovereign Default, Banking Crises, and Financial Repression

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