Research
Publication
The Twin Ds: Optimal Default and Devaluation (with Stephanie Schmitt-Grohe, Martin Uribe, and Vivian Yue), American Economic Review 108, July 2018, 1773-1819.
Working Papers
Overreaction and Macroeconomic Fluctuation of the External Balance (with Donghoon Yoo).
Expectations and the UIP Puzzles when Foresight is Limited (with Yinxi Xie), revision requested at Journal of International Economics.
Ambiguous Beliefs and Monetary Policy: A Study of Open Economies (with Yang Jiao and Anurag Singh).
Computerizing households and the role of technology shocks in consumer durables (with Hyunseung Oh).
External Balances and Labor Share Dynamics over the Business Cycle.