Working papers:

(with André Kurmann) 

PDF file (coming soon) | Abstract (NBER EMRI conference version)

(with Andreas Hornstein, Marios Karabarbounis, André Kurmann and ​Lien Ta) 

PDF file (January 2026) | Richmond Fed Economic Brief

(with Raquel Fonseca, François Langot and Thepthida Sopraseuth)

PDF file (September 2025) | Online appendix