Publications

Wealth, Search and Human Capital over the Business Cycle (with Ben Griffy), Macroeconomic Dynamics (2025).

Do Unemployment Benefit Extensions Explain the  Emergence of Jobless Recoveries? (with Kurt Mitman), Journal of Economic Dynamics and Control (2024).

Co-Essentiality of Money and Credit: a Mechanism Design View (with Hugo van Buggenum), Journal of Economic Theory (2023).

Worker Selectivity and Fiscal Externalities from Unemployment Insurance (with Ben Griffy), European Economic Review (2023).

Misallocation Inefficiency in Partially  Directed Search (with Ronald Wolthoff), Journal of Economic Theory (2022).

Nonlinear Unemployment Effects of the Inflation Tax (with Mohammed Ait Lahcen, Garth Baughman and Hugo van Buggenum), European Economic Review (2022). 

Whether, When and How to Extend Unemployment Benefits: Theory and Application to COVID-19 (with Kurt Mitman), Journal of Public Economics (2021). 

Capacity Choice, Monetary Trade and the Cost of Inflation (with Garth Baughman), European Economic Review (2021). 

Self-Confirming Price Dispersion in Monetary Economies (with Garth Baughman), Journal of Economic Theory (2019). 

Dynamic Inefficiency in Decentralized Capital Markets (with Andre Kurmann), Journal of Economic Theory (2018). 

Revisiting Multiplicity of Bubble Equilibria in a Search Model with Posted Prices, BE Journal of Theoretical Economics (2017). 

Optimal Auctions with Endogenous Budgets (with Brian Baisa), Economics Letters (2016).  

Optimal Unemployment Insurance in an Equilibrium Business Cycle Model (with Kurt Mitman), Journal of Monetary Economics (2015).

On the Multiplicity of Monetary Equilibria: Green-Zhou Meets Lagos-Wright (with Kasie Jean and Randall Wright), Journal of Economic Theory (2010). 

Working papers 

Wage-Setting Protocols and Labor Market Conditions: Theory and Evidence (with Brenda Samaniego de la Parra and Ronald Wolthoff). R&R, Labour Economics.

Asset Safety and Liquidity over the Business Cycle (with Mohammed Ait Lahcen, Pedro Gomis-Porqueras and Hugo van Buggenum)

Product Market Power as a Labor Distortion: the Case of Home Production Substitutes (with William Jungerman and Bailey Sanders)

Work in progress 

Part-Time and Full-Time Employment: Cyclical Behavior and Policy Tradeoffs (with Pedro Gomis-Porqueras and Ben Griffy)

Informality, Dollarization, and Optimal Policy (with Mohammed Ait Lahcen and Tsuyoshi Nakano)

Optimal Monetary Policy under Downward Nominal Wage Rigidity (with Mohammed Ait Lahcen and Lukas Altermatt)