Working papers
Inflation since the Pandemic: Lessons and Challenges
with Adam Shapiro, A. Lee Smith, and Daniel Villar
Supply Chain Networks and the Macroeconomic Expectations of Firms
with Saten Kumar, Samreen Malik, Jordan J. Norris, and Mathieu Pedemonte
The Expectations of Others [Cleveland Fed WP] [Research [in] Brief]
with Ezequiel Garcia-Lembergman, John Leer, Mathieu Pedemonte, and Raphael Schoenle
Revise and resubmit, American Economic Journal: Macroeconomics
Predictable Forecast Errors in Full-Information Rational Expectations Models with Regime Shifts
with André Kurmann
Low Passthrough from Inflation Expectations to Income Growth Expectations: Why People Dislike Inflation [Cleveland Fed WP], [Media coverage: Bloomberg, CNN, Brookings]
with Edward Knotek, John Leer, Mathieu Pedemonte, Robert Rich, Raphael Schoenle
Revised and resubmitted, Journal of Monetary Economics
Publications
forthcoming, American Economic Journal: Macroeconomics
The Fundamental Group of SO(n) Via Quotients of Braid Groups
with Orlin Stoytchev
accepted for publication, Rendiconti dell'Istituto di Matematica dell'Università di Trieste
Indirect Consumer Inflation Expectations: Theory and Evidence [Cleveland Fed WP]
with Edward Knotek, John Leer, Mathieu Pedemonte, Robert Rich, Raphael Schoenle
July 2024, Journal of Monetary Economics, 145, 103568.
Wealth Effects, Price Markups, and the Neo-Fisherian Hypothesis [Cleveland Fed WP], [Online Appendix]
with Marco Airaudo, August 2023, European Economic Review, 157, 104482.
Consistent Expectations Equilibria in Markov Regime Switching Models and Inflation Dynamics
with Marco Airaudo, November 2021, International Economic Review, 62(4), 1401-1430.
Work in progress
Consistent Expectations Equilibria with Imperfect Common Knowledge: Implications for the Forward Guidance
with Marco Airaudo
Monetary Policy and Asset Prices with Infinite Horizon Learning
with Marco Airaudo