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I'm an associate professor at Indiana University. 

Before that, I worked as an economist in the research department of the Federal Reserve Bank of Richmond. I have served as a visiting scholar in the IMF on various occasions. 

My work concentrates on limited liability problems (mainly on sovereign defaults) and on asset pricing.





You can reach me at:



Published papers: 

  • Mortgage defaults (with Leonardo Martinez and Juan M. Sanchez). Journal of Monetary Economics.  2015, vol 76: 173-190.
  • Voluntary Sovereign Debt Exchanges (with Leonardo Martinez and Cesar Sosa-Padilla). Journal of Monetary Economics. 2014, vol 61: 32-50. Carnegie-Rochester-NYU Conference volume. 

Economic Quarterly:
  • The economics of sovereign default (with Leonardo Martinez and Horacio Sapriza). Economic Quarterly, Federal Reserve Bank of Richmond, Volume 93, Number 2, pages 163-188.

Working Papers: