Macroeconomics of Testing and Quarantining (April 2020, with Sergio Rebelo and Mathias Trabandt)
Matlab/Dynare replication code
(zip file might not preview, click download when prompted)
Wrong Way to Ramp Up COVID-19 Testing (Kellogg Insight)
Macroeconomics of Epidemics (March 2020, with Sergio Rebelo
and Mathias Trabandt).
Matlab code and Non-technical
summary (Kellogg Insight)
Webinar, `After the Lockdown: Is
There a Safe Way to Reopen?’.
is Unemployment so Countercyclical (Jan 2020, with Lawrence Christiano and Mathias Trabandt).
Dependent Effects of Monetary Policy: The Refinancing Channel, (Revised August
2019, with Sergio Rebelo and Arlene Wong).
brief interview at the Fourth ECB Annual Research Conference
Monetary Policy and the Predictability of Nominal Exchange Rates, (Revised, June 2019 with Ben
Johannsen and Sergio Rebelo)
Fiscal Policy In an Era of Low Interest Rates (March 2019)
Link to presentation at 40th
DSGE Models, (July 2018 with Lawrence Christiano and Mathias Trabandt).)
presentation at Nobel Symposium, Swedish House of Finance
New Keynesian Model Have an Existence Problem? (May, 2018 with Lawrence Christiano and Benjamin Johannsen)
at G7 Meeting on Unconventional Fiscal Policy (Montebello, Quebec, Feb 7, 2018)
from the Zero Lower Bound, Comment (July 2017)
Portuguese Crisis and the IMF, (July 2016) with Carlos de Resende and and Sergio Rebelo
Valuation Risk and Asset Pricing, (December 2015, with Rui
Albuquerque, and Sergio Rebelo).
Link to presentation at Escola Brasileira de Economia e Finances
Long Run Bulls and Bears,
(December, 2015, with Rui Albuquerque, Dimitris Papanikolaou, and Sergio Rebelo).
and Business Cycles, (November,
2015, with Lawrence Christiano and Mathias Trabandt).
http://dx.doi.org/10.3982/ECTA11776, Technical Appendix, MATLAB Code, Slides
Booms and Busts in Housing Prices
(April 2015, with Craig Burnside and Sergio Rebelo).
the Great Recession, (April
2105, with Lawrence Christiano and Mathias Trabandt).
Link to presentation at Drexel University School of Economics
Discussion, (August 2014), `Quantifying the Lasting Harm to the U.S. from
the Financial Crisis’, by Robert E. Hall.
Frequent Are Small Price Changes?,
(June 2013, with Nir Jaimovich, Sergio Rebelo and Josephine Smith).
on Linear Approximations, Equilibrium Multiplicity and E-learnability in the
Analysis of the Zero Lower Bound,
(March 2012 with Lawrence Christiano).
Trade and Momentum in Currency Markets,
(April 2011, with Craig Burnside and Sergio Rebelo).
on “Natural Expectations, Macroeconomic Dynamics, and Asset Pricing'' by Fuster, Andreas, Benjamin Hebert, and David Laibson.
Emerged From the Recent Crisis for Macroeconomics
Researchers, comments from an ECB Panel.
is the Government Spending Multiplier Large?
(August 2010), joint with Larry Christiano and Sergio
Prices and Nominal Rigidities
(Revised August 2009), joint with Nir Jaimovich and
Sergio Rebelo. Data Appendix.
-Specific Capital, Nominal Rigidities and the Business Cycle, (Revised, Sept. 2009) joint with Dave Altig,
Lawrence Christiano and Jesper
Appendix, Data and Computer Code for Firm-Specific Capital, Nominal Rigidities
and the Business Cycle.
Peso Problems Explain the Returns to the Carry Trade? (May 2008, joint with Craig Burnside, Isaac Kleshcelski
and Sergio Rebelo).
the Forward Premium Puzzle: A Microstructure Approach, July 2007, joint with Craig Burnside and Sergio Rebelo.
Returns to Currency Speculation in Emerging Markets (February 2007), joint with Craig Burnside, and Sergio Rebelo.
Returns to Currency Speculation
(October 2006, joint with Craig Burnside, Isaac Kleshcelski
and Sergio Rebelo)
Structural VARs (March 2006, Joint with Larry Christiano and Rob Vigfusson)
Important Are Nontradable Goods Prices As Sources of Cyclical Fluctuations in Real Exchange Rates? (August 2005, with Ariel Burstein and Sergio Rebelo).
Modleing Exchange Rate Passthrough After Large Devaluations (March, 2005, with Ariel Burstein and Sergio Rebelo)
Devaluations and the Real Exchange Rate (Revised March 2005), joint with Ariel
Burstein and Sergio Rebelo
and Replication Materials.
Finance in the Wake of a Currency Crisis
(Revised, April, 2005 with Craig Burnside and Sergio Rebelo).
the Calvo Model of Sticky Prices, joint with Jonas Fisher 05/2004
Policy in the Aftermath of 9/11, joint with Jonas Fisher, 03/2004
Response of Hours to a Technology Shock: Evidence Based on Direct Measures of
Technology, joint with Lawrence Christiano and Robert
Rigidities and the Dynamics Effects of a Shock to Monetary Policy, joint with
Lawrence Christiano and Charles Evans (May 2001,
revised August 2003)
Crises and Fiscal Sustainability, joint with Craig Burnside and Sergio Rebelo, 07/2003
Happens After a Technology Shock?, joint with Larry Christiano and Robert Vigfusson.
05/2003, revised 08/2004.
Shocks and Their Consequences, joint with Craig Burnside and Jonas Fisher,
the Calvo Model of Sticky Prices, joint with Jonas Fisher, 05/2003
Guarantees and Self-Fulfilling Speculative Attack (with Craig Burnside and
Sergio Rebelo, revised March 2003)
Is Inflation So Low After Large Devaluations? (with Ariel Burstein and Sergio Rebelo (May 2002)
the Fiscal Implications of Twin Crises, joint with Craig Burnside and Sergio Rebelo (April 2001)
and Financial Fragility in Fixed Exchange Rate Regimes, joint with Craig
Burnside and Sergio Rebelo
Deficits and the Asian Currency Crises, joint with Craig Burnside and Sergio Rebelo.
the Korean and Thai currency crises, joint with Craig Burnside and Sergio Rebelo
Shocks in an Efficiency Wage Model, joint with Craig Burnside and Jonas Fisher
the Effects of a Shock to Government Purchases, joint with Wendy Edelberg and Jonas Fisher.
Thoughts on Practical Stabilization Policy.
Policy Shocks: What Have We Learned and to What End? joint with Lawrence Christiano and Charles Evans.
Money, joint with Lawrence Christiano and Charlie
Traps and Discretion, joint with V.V. Chari and Lawrence Christiano.
Price and Limited Participation Models of Money: A Comparison, joint with
Lawrence Christiano and Charles Evans
Effects and the Monetary Transmission Mechanism, with Larry Christiano
Business Cycle Theory: Wisdom or Whimsy?