Federal Reserve Bank of Philadelphia
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PublicationsSupplements: Online appendix
"Labor Market Dynamics under Long-Term Wage Contracting"
Journal of Monetary Economics, 56, 2 (March 2009)
Supplements: Appendix A, B, C
"Aggregate and Idiosyncratic Risk in a Frictional Labor Market"
American Economic Review, 101, 6 (October 2011)
Supplements: Online appendix, Mathematica-file on eigenvalue theorem
"Customer Capital" with Francois Gourio
Review of Economic Studies, 81, 3 (June 2014)
"Can Intangible Capital Explain Cyclical Movements in the Labor Wedge?" with Francois Gourio
American Economic Review, 104, 5 (May 2014)
"Unions in a Frictional Labor Market" with Per Krusell
Journal of Monetary Economics, 80 (June 2016)
Supplements: Online appendix
"Relative Price Dispersion: Evidence and Theory" with Greg Kaplan, Guido Menzio and Nico Trachter
(updated August 2016, under review)
(February 2017, preliminary)
Work In Progress
Older Unpublished Paper
"On the Implications of a Balanced Budget Rule - An Adaptive Learning Perspective" Licentiate Thesis, University of Helsinki, 2002 (email me for paper)
Alder, Lagakos, Ohanian at NBER EFG meeting, San Francisco
Shi at Search and Matching Workshop, Philadelphia
Kaas, Kimasa at NBER EFMPL meeting, Minneapolis
Federal Reserve Bank Publications
"The Value of Loyal Customers"
FRB Philadelphia Economic Insights 2017