Working Papers

• "Homeownership and Housing Transitions: Explaining the Demographic Composition" with Eunseong Ma

Publications

• "Household Debt Overhang and Transmission of Monetary Policy" with Sami Alpanda. Journal of Money, Credit and Banking, forthcoming. (Not for Publication Appendix)
• "Propagation Mechanisms for Government Spending Shocks: A Bayesian Comparison," with Anna Kormilitsina. Journal of Money, Credit and Banking, October 2018, 50(7). (Pre-publication version)
• "Debt and Stabilization Policy: Evidence from a Euro Area FAVAR" with Laura Jackson and Michael T. Owyang. Journal of Economic Dynamics and Control, August 2018, 93. (Pre-publication version)
• "Government Spending Multipliers in Good Times and in Bad: Evidence from U.S. Historical Data." with Valerie A. Ramey Journal of Political Economy, April 2018, 126(2). (VoxEU column) (Supplementary Appendix) (Data and Programs) (Pre-publication version)
• "Addressing Household Indebtedness: Monetary, Fiscal or Macroprudential Policy?" with Sami Alpanda. European Economic Review, February 2017, 92. (Pre-publication version)
• "Housing and Tax Policy," with Sami Alpanda. Journal of Money, Credit and Banking, March-April 2016, 48(2-3). (Not for Publication Appendix) (Pre-publication version) (Corrigendum)
• "On Fiscal Multipliers: Estimates from a Medium Scale DSGE Model." International Economic Review, February 2014, 55(1). (Not For Publication Appendix) (Pre-publication version)
• "Interest Rate Rules and Equilibrium Stability under Deep Habits," Macroeconomic Dynamics, January 2014, 18(1). (Not for Publication Appendix) (Pre-publication version)
• "Are Government Spending Multipliers Greater During Periods of Slack? Evidence from 20th Century Historical Data." with Michael T. Owyang and Valerie A. Ramey. American Economic Review, Papers and Proceedings, May 2013, 103(3).
• "Who Benefits from Increased Government Spending? A State-Level Analysis," with Michael T. Owyang. Regional Science and Urban Economics, May 2013, 43(3). (Pre-publication version)
• "What is the Importance of Monetary and Fiscal Shocks in Explaining US Macroeconomic Fluctuations?" with Barbara Rossi. Journal of Money, Credit and Banking, September 2011, 43(6). (Data) (Not for Publication Appendix)
• "A Primer on the Empirical Identification of Government Spending Shocks," with Kristie M. Engemann and Michael T. Owyang. Federal Reserve Bank of St. Louis Review, March/April 2008, 90(2), pp. 117-32.

Older Working Papers

• "Explaining the Effects of Government Spending Shocks."

Previous Research in Mathematics

• "L-functions and Higher Order Modular Functions," with D. Farmer, American Institute of Mathematics Preprint Series, 9 (2006).
• "Characters and q-series in Q(\sqrt(2))," with D. Corson, D. Favero and K. Liesinger, Journal of Number Theory, 107 (2004).