Fields: Macroeconomics - Family Economics - Public Finance

Research focus. A central theme of my work is family dynamics in macroeconomic models—how intra-family interactions both shape and respond to broader macroeconomic conditions and public policy. My research investigates mechanisms of informal insurance and intergenerational support, with applications to saving behavior, labor supply, housing and location choices, long-term care arrangements, health outcomes, and bequests. I combine dynamic modeling with empirical analysis to understand how household-level decisions aggregate into macroeconomic patterns and inform policy design.

Family Transfers and Consumption Insurance: A Lifecycle Model

(with Sean Fahle and Matthias Kredler)

Supplemental material

Preference Heterogeneity versus Economic Incentives: What Determines the Choice to Give Care?

(with Yu Kyung Koh and Matthias Kredler)

Save, Spend, or Give? A Model of Housing, Family Insurance, and Savings in Old Age

(with Sean Fahle and Matthias Kredler)

Review of Economic Studies, 2023, 90(5), pp.2116–2187

Online Appendix

Blast From the Past: The Altruism Model is Richer Than You Think

(with Matthias Kredler)

Journal of Economic Theory, 2021, 198, 105375, 46 pages

Inter-vivos Transfers in Taiwan: Evidence and Theory

(with Tzu-Yu Lin)

Taiwan Economic Review, 2021, 41(1), pp.33-75

Long-Term Care Across Europe and the U.S.: The Role of Formal and Informal Care

(with Matthias Kredler)

Fiscal Studies, 2019, 40(3), pp.329-373

Related article: Long-Term Care Across the Atlantic: How Policy Shapes Care Arrangements

VoxEU.org 2018

Evaluating Long-Term Care Policy Options, Taking the Family Seriously

(with Matthias Kredler)

Review of Economic Studies, 2018, 85(2), pp.766-809

Online Appendix

Ricardian Equivalence Revisited: Deficits, Gifts and Bequests

Journal of Economic Dynamics and Control, 2016, 63, issue C, pp.1-24

Altruistically Motivated Transfers Under Uncertainty

(with Matthias Kredler)

Quantitative Economics, 2014, 5(3), pp.705-749

Computational Appendix           

Computational Toolbox

A Dynamic Model of Altruistically Motivated Transfers

(with Matthias Kredler)

Review of Economic Dynamics, 2014, 17(2), pp.303-328

Online Appendix