Striking While the Iron Is Cold: Fragility after a Surge of Lumpy Investments [appendix] [RePEc] [JMP ver.]
- Accepted at the Journal of the European Economic Association
Winner of the Best Paper Award for Early Career Academics at the Econometric Society Australasia Meeting 2022
Winner of the Hiram C. Haney Fellowship Award in Economics
Winner of the Thomas J. Sargent Dissertation Fellowship at the Federal Reserve Bank of San Francisco.
A Global Dynamic Nonlinear Solution Framework and the Repeated Transition Method [appendix] [sample codes] [slides]
- R&R at The Review of Economic Studies
Disclosure Regulation, Intangible Capital and the Disappearance of Public Firms [appendix] [feds working paper] [slides]
(with Sara Casella and Sergio Villalvazo)
An Analytic Theory of Frictional Firm Dynamics [appendix] (with Vasco M. Carvalho)
Dancing on the Saddles: A Geometric Framework for Stochastic Equilibrium Dynamics [appendix]
Dry Firms, Deep Recessions: Corporate Payouts and Aggregate Dynamics [appendix]
(with Miguel H. Ferreira and Timo Haber)
The Convex Origin of Fixed Costs [appendix] [slides]
Endogenous Separations and Non-monotone Beveridge Curve Shifts [appendix]
(with Philip Schnattinger and Francesco Zanetti)
The Spender of Last Resort: Global Equilibrium Dynamics under the Zero Lower Bound (with Kao Nomura)
Endogenous Plucking Through Networks: The Plucking Paradox [appendix] (with Ye Sun)
Bridging Micro and Macro Production Functions: The Fiscal Multiplier of Infrastructure Investment
[appendix] [working paper ver.]
(with Minsu Chang)
- Journal of Monetary Economics, Volume 157, January 2026
The Risk-Premium Channel of Uncertainty: Implications for Unemployment and Inflation [replication codes]
(with Lukas B. Freund and Pontus Rendahl)
- Review of Economic Dynamics, Volume 51, December 2023, Pages 117-137
Top Income Inequality and the Business Cycle
Rising Intangibles and Technology-Biased Technical Change (with Jesús Fernández-Villaverde)
Lumpy to Slumpy: How financing costs drive slow recoveries (with Miguel H. Ferreira and Timo Haber)
Tracing Data Through Analytical General Equilibrium (with Minji Bang)
The Macroeconomic Effects of Cash Transfers: Evidence from Brazil
(by Arthur Mendes, Wataru Miyamoto, Thuy Lan Nguyen, Steven Pennings, and Leo Feler)
Financial and Economic Developments: New Challenges and Policy Solutions (Oxford-CEPR-BoJ-Waseda) at the Waseda University, 2024 [slides]
Evergreening
(by Miguel Faria-e-Castro, Pascal Paul, and Juan M. Sánchez)
Workshop on Financial Frictions, Zombie Firms and the Macroeconomy at the University of Oxford, 2023 [slides]
Understanding Trend Inflation Through the Lens of the Goods and Services Sectors
(by Yunjong Eo, Luis Uzeda, and Benjamin Wong)
Japan-Korea Economic Society Academic Exchange Workshop, 2022 [slides]