Research Interests: Quantitative Macroeconomics, Labor Markets and Fiscal Policy.
Heterogeneous Agents, and Household Risk Sharing, Government Taxation and Debt Management.
Publications:
1. The Impact of Debt Levels and Debt Maturity on Inflation (2013) with E. Faraglia, A. Marcet and A. Scott PDF
The Economic Journal, vol.123, Issue 566, pp 164-192, February 2013.
2. Capital Taxes, Labor Taxes and the Household (2015) with C. Siegel PDF Journal of Demographic Economics, 81 (3), pp. 217-260
3. The Rise of the Added Worker Effect (2016) with J. Mankart PDF Economics Letters, 143 (June), pp. 48-51
Online Appendix PDF
4. Household Search and the Aggregate Labor Market (2017) with J. Mankart, Review of Economic Studies, 84 (4) PDF
Main Online Appendix PDF Online Appendix for UI PDF
5. Unemployment Insurance with Limited Commitment Wage Contracts and Savings (2018) BE Journal of Macroeconomics, (Advances) 18 (1) PDF
6. Optimal Debt Management in a Liquidity Trap (2018) with H. Bouakez and R. Priftis, PDF Journal of Economic Dynamics and Control, 93 (August), 5-21. Online Appendix PDF
7. Government Debt Management: The Long and the Short of It. (2019) with E Faraglia, A. Marcet and A. Scott PDF
Online Appendix PDF CEPR Discussion Paper 10281 Review of Economic Studies, Volume 86, Issue 6, November, Pages 2554–2604
8. Union Debt Management (2023) with J. Equiza- Goni and E. Faraglia, PDF , Journal of International Money and Finance, Volume 132, article 102747, February. Online Appendix PDF Older version CEPR Discussion paper 11181 PDF
9. Covid-induced Economic Uncertainty, Tasks and Occupational Demand (2023) with S. Blanas, PDF, Labour Economics, April, Special Issue on the Impact of Covid on the Labour Market, Carrillo-Tudela and Adams-Prassl eds.
Working Papers:
1. Long Term Government Bonds (2016) with E Faraglia, A. Marcet and A. Scott PDF
2. Optimal Monetary Policy with and without Debt. (2023) with B. Chafwehe, R. Priftis and L. Vogel PDF
3. The Long and Short of Financing Government Spending (2023), with J. Mankart and R. Priftis PDF Reject and Resubmit ReStud.
Online appendix PDF
4. Household Job Search: From the 1980s to the 2000s and beyond (2024), with J. Mankart and F. Pascucci. PDF Reject and Resubmit IER.
5. Managing the Inflation-Output Trade-off with Public Debt Portfolios (2024) with B. Chafwehe and C. de Beauffort. PDF Revise and Resubmit JEDC
6. Fiscal Multipliers and the Maturity Financing of Government Spending Shocks (2024), with M. Ghomi, J. Mankart and R. Priftis PDF
Online appendix PDF
7. Optimal Monetary Policy Rules in the Fiscal Theory of the Price Level (2022) with B. Chafwehe and C. de Beauffort. PDF
8. Optimal Fiscal Policy Problems Under Complete and Incomplete Financial Markets: A Numerical Toolkit (2014)
with E. Faraglia, A. Marcet and A. Scott PDF
9. Optimal Taxation with Heterogeneous Agents, with R. Nunes and K. Shakhnov Slides (preliminary version)
Work In Progress:
Heterogeneity, Precautionary Savings and Government Debt Management.
The Value of Health and Longevity Under Incomplete Markets, with J. Ashwin, M. Ellison and A. Scott.