Asset Returns and Labor Supply in a Production Economy, Journal of Money Credit and Banking, vol. 46, iss. 5, Aug. 2014, p. 889-919. WP version.
How to resolve asset pricing puzzles in a real business cyce model with endogenous labor supply.
Asset Pricing and Housing Supply in a Production Economy, The B.E. Journal of Macroeconomics (Contributions), vol. 11, iss. 1, Oct. 2011, p. 1-38. WP version.
A real business cycle model of the equity and housing risk premiums.
Monetary Asymmetries without (and with) Price Stickiness, International Economic Review, September 2023.
Model that generates a term premium of the magnitude observed in recent years. A monetary policy model able to match this fact also generates asymmetries in the monetary transmission mechanism.
Asset Pricing and the Propagation of Macroeconomic Shocks, Journal of the European Economic Association, vol. 16, iss. 2, April 2018, p. 436–486 . WP version.
A model of safe and risky assets in a production economy. The effects of financial shocks are much larger in a model able to match the equity premium.
Government Risk Premia and the Cyclicality of Fiscal Policy, with J. Kilponen and K. Christoffel, ECB Working Paper No. 1411.
On the effect of macroeconomic shocks and fiscal rules on the term premium in a New Keynesian model.