Publications
Strategic Inattention, Inflation Dynamics, and the Non-Neutrality of Money
Journal of Political Economy, Forthcoming
PDF, Online Appendix, Replication Files
Overreaction in Expectations: Evidence and Theory
with Spencer Kwon, Augustin Landier, Yueran Ma, and David Thesmar
The Quarterly Journal of Economics, 138(3), 1713–1764, August 2023
Online Appendix, Experimental Interface, Replication Files
Is it the Message or the Messenger? Examining Movement in Immigration Beliefs
with Carolina Arteaga and Emily Weisburst
Journal of Political Economy Microeconomics, Forthcoming
PDF, Supplemental Materials, Replication Files
Endogenous Firm Competition and Cyclicality of Markups
with Luigi Caloi
Review of Economics and Statistics, Forthcoming
PDF, Online Appendix, Replication Files
Inflation Targeting Does Not Anchor Inflation Expectations: Evidence from Firms in New Zealand
with Saten Kumar, Olivier Coibion, and Yuriy Gorodnichenko
Brookings Papers on Economic Activity, 43, 151-208, Fall 2015
Replication Files,
In media: VoxEU,
Bloomberg,
New Zealand Herald,
Week
Working Papers
Concentration, Market Power, and Misallocation: The Role of Endogenous Customer Acquisition
with Andres Drenik and Ryan Kim — Version: May 2023
Revise and Resubmit, Econometrica
Inflation and GDP Dynamics in Production Networks: A Sufficient Statistics Approach
with Saroj Bhattarai — Version: May 2023
Reject and Resubmit, American Economic Review
Dynamic Rational Inattention and the Phillips Curve
with Choongryul Yang — Version: April 2021
Reject and Resubmit, American Economic Review
SSRN (Version: October 2019, older versions);
Replication material;
Code Repos:
Julia,
Matlab;
Documentation: PDF, HTML, Teaching Slides: HTML, Live Jupyter Slides
Monetary Policy without Commitment
with Marina Halac, Kenneth Rogoff, and Pierre Yared — Version: April 2023
What Can Measured Beliefs Tell Us About Monetary Non-Neutrality
with Joel P. Flynn and Choongryul Yang — Version: March 2024
Tell Me Something I Don’t Already Know: Learning in Low and High-Inflation Settings
with Michael Weber, Bernardo Candia, Tiziano Ropele, Rodrigo Lluberas, Serafin Frache, Brent Meyer, Saten Kumar, Yuriy Gorodnichenko, Dimitris Georgarakos, Olivier Coibion, Geoff Kenny, and Jorge Ponce — Version: February 2024
Work in Progress
The Welfare Cost of Inflation in Production Networks
with Saroj Bhattarai and Edson Wu