Research

"The Aggregate Effects of Sectoral Shocks in an Open Economy"

with Philippe Andrade and Martin Arazi (2023)

"Do Multisectoral New Keynesian Models Match Sectoral Data?"

with Philippe Andrade (2022)

"Inflation Expectations and Nonlinearities in the Phillips Curve"

with Alexander Doser, Ricardo Nunes, and Nikhil Rao, Journal of Applied Econometrics 38:4 (2023), 453-471. (doi). pdf 

Online Appendix

Previous version: Boston Fed WP 17-11

"The Transmission Mechanisms of International Business Cycles: International Trade and the Foreign Effects of US Monetary Policy"

with Falk Bräuning, IMF Economic Review 71 (2023), 300-325. (doi ). pdf 

Online Appendix    

Previous version: Boston Fed WP 21-13   

"Fiscal Multipliers in Advanced and Developing Countries: Evidence from Military Spending"

with Sandra Spirovska, Journal of Public Economics 208 (2022), 104631. pdf 

Online Appendix

Previous version: Boston Fed WP 19-3

"Price Dispersion and Inflation: New Facts and Theoretical Implications"

            Journal of Monetary Economics 114 (2020), 59-70. pdf

            Online Appendix

            Previous version: Boston Fed WP 15-10

"The Effects of Government Spending on Real Exchange Rates: Evidence from Military Spending Panel Data"

with Wataru Miyamoto and Thuy Lan Nguyen, Journal of International Economics 116 (2019), 144-157. pdf

Online Appendix

Previous version: Boston Fed WP 16-14

"Price Setting in Online Markets: Does IT Click?"

with Yuriy Gorodnichenko and Oleksandr Talavera, Journal of the European Economic Association 16:6 (2018), 1764-1811. pdf

Online Appendix

Previous versions: Boston Fed WP 15-1; NBER WP 20819

In media: VoxEU, PBS

"Sectoral Inflation and the Phillips Curve: What Has Changed since the Great Recession?" 

with María José Luengo-Prado and Nikhil Rao, Economics Letters 172 (2018), 63-68. pdf

A longer version: Boston Fed Current Policy Perspectives 17-5 (pdf)

"The Responses of Internet Retail Prices to Aggregate Shocks: A High-Frequency Approach"

with Yuriy Gorodnichenko and Oleksandr Talavera, Economics Letters 164 (2018), 124-127. pdf

Policy papers

"The Distribution of Sectoral Price Changes and Recent Inflation Developments"

with Chris Cotton, Vaishali Garga, and Giovanni Olivei, Current Policy Perspectives (2023), Federal Reserve Bank of Boston.

"The Historical Effects of Banking Distress on Economic Activity"

with Falk Bräuning, Current Policy Perspectives (2023), Federal Reserve Bank of Boston.

In the media: Bloomberg 

"Are the Demand and Supply Channels of Inflation Persistent? Evidence from a Novel Decomposition of PCE Inflation"

Current Policy Perspectives (2022), Federal Reserve Bank of Boston.

In the media: Bloomberg 

"The Drivers of Inflation Dynamics during the Pandemic: (Early) Evidence from Disaggregated Consumption Data"

Current Policy Perspectives (2021), Federal Reserve Bank of Boston.

Disclaimer: The views expressed herein are those of the author(s) and are not necessarily those of the Federal Reserve Bank of Boston or the Federal Reserve System.