What’s New?
- Feb. 28, 2022: New working paper on “Sufficient Statistics for Inflation and GDP Dynamics in Production Networks.”
- Dec. 20, 2021: Updated draft for “Growing by the Masses: Revisiting the Link between Firm Size and Market Power.”
- Dec. 17, 2021: New working paper on “Can Leaders Persuade? Examining Movement in Immigration Beliefs.”
more…
Publications
- “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 2015(Fall), 151-225
Papers Under Revision
- “Strategic Inattention, Inflation Dynamics and the Non-Neutrality of Money” (version: Dec. 2021)
Revise and Resubmit, Journal of Political Economy- CESifo Working Paper #8218 (version: Mar. 2020); In media: Bloomberg
- CESifo Working Paper #8218 (version: Mar. 2020); In media: Bloomberg
- “Overreaction in Expectations: Evidence and Theory” (version: Sep. 2021)
with Spencer Kwon, Augustin Landier, Yueran Ma and David Thesmar
Revise and Resubmit, The Quarterly Journal of Economics- NBER Working Paper #27947 (version: Oct. 2020); Subsumes “A Model of Costly Recall”
- NBER Working Paper #27947 (version: Oct. 2020); Subsumes “A Model of Costly Recall”
- “Dynamic Rational Inattention and the Phillips Curve” (version: Apr. 2021, older versions)
with Choongryul Yang
Reject and Resubmit, American Economic Review- SSRN (version: Oct. 2019); Replication material; Code Repos: Julia, Matlab; Documentation: PDF, HTML
- Teaching Slides: HTML, Live Jupyter Slides
- “Endogenous Firm Competition and Cyclicality of Markups” (version: Apr. 2021)
with Luigi Caloi
Revise and Resubmit, Review of Economics and Statistics- Also available as Dallas Fed Working Paper #265 (version: Feb. 2016)
- Also available as Dallas Fed Working Paper #265 (version: Feb. 2016)
Working Papers
- “Inflation and GDP Dynamics in Production Networks: A Sufficient Statistics Approach” (version: Feb. 2022)
with Saroj Bhattarai - “Growing by the Masses: Revisiting the Link between Firm Size and Market Power” (version: Dec. 2021)
with Andres Drenik and Ryan Kim- CESifo Working Paper #8633 (version: Oct. 2020)
- CESifo Working Paper #8633 (version: Oct. 2020)
- “Can Leaders Persuade? Examining Movement in Immigration Beliefs” (version: Feb. 2022, Supplemental Materials)
with Carolina Arteaga and Emily Weisburst
- CESifo Working Paper #9593 (version: Feb. 2022)
- CESifo Working Paper #9593 (version: Feb. 2022)
- “Selection in Information Acquisition and Monetary Non-Neutrality” (version: Apr. 2021)
with Choongryul Yang
Works in Progress
- “Rationally Confused: On the Aggregate Implications of Information Provision Policies”
with Miguel Acosta - “Inflation Expectations under High Inflation: Evidence from Iran” (with Saeed Bayat, Omid Ghaderi and Ali Madanizadeh)