Research

Publications

Treasury Safety, Liquidity, and Money Premium Dynamics: Evidence from Debt Limit Impasses (with Beth Klee and Erin E. Syron Ferris; accepted at Journal of Money, Credit and Banking)

Spending Responses to High-Frequency Shifts in Payment Timing: Evidence from the Earned Income Tax Credit (with Adi Aladangady, Shifrah Aron-Dine, Wendy Dunn, Laura Feiveson, Paul Lengermann, Katherine Richard, and Claudia Sahm; forthcoming at American Economic Journal: Economic Policy)

The Spending and Consumption Response to a VAT Rate Increase (with Takashi Unayama; National Tax Journal; 2021 NTJ Richard A. Musgrave Prize for best article)

Measuring Intertemporal Substitution in Consumption: Evidence from a VAT Increase in Japan (with Takashi Unayama; Review of Economics and Statistics)

Fiscal Policy and Aggregate Demand in the U.S. Before, During, and Following the Great Recession (with Jamie Lenney, Byron Lutz, and William Peterman; International Tax and Public Finance)

Working Papers

The Impact of a Permanent Income Shock on Consumption: Evidence from Japan's 2014 VAT Increase (with Takashi Unayama; RIETI Discussion Paper Series 16-E-052)

Work in Progress

Deriving Consumption Insurance Estimates from Short Panels of Consumption and Wealth (with Takashi Unayama)

Unpublished Manuscripts

The Intertemporal Substitution and Income Effects of a Consumption Tax Rate Increase: Evidence from New Zealand