Is Income Inequality Linked to Infectious Disease Prevalence? A Hypothesis-Generating Ecological Study Using Tuberculosis (with Jay Bhattacharya and Minkyong Kim); forthcoming, Social Science and Medicine 116639, 2024
Pension reform and wealth inequality: evidence from Denmark (with Torben Andersen, Katja Mann and Anna Grodecka-Messi); accepted subject to minor revisions, European Economic Review
Child Survival and Contraception Choice: Theory and Evidence (with Shankha Chakraborty and Minkyong Kim); Journal of Macroeconomics 77, 103545, 2024
Credit Markets with Time-Inconsistent Agents and Strategic Loan Default (with Monisankar Bishnu and Min Wang); forthcoming, Journal of Money, Credit and Banking, 2024
Commitment and partial naïveté: Early withdrawal penalties on retirement accounts (with T. Andersen and P. Liu); Journal of Mathematical Economics 106, 102844, 2024
Do workers discriminate against their out-group employers? Evidence from an online platform economy (with Sher Afghan Asad and Ritwik Banerjee); forthcoming, Journal of Economic Behavior and Organization 216, 221-242, 2023
Businesses in high-income zip codes saw sharper foot-traffic reductions during the COVID-19 pandemic (with Jay Bhattacharya, Aditya Kulkarni, and Minkyong Kim); Nature: Humanities & Social Communications 10, 713. 2023
Can optimal unfunded public pensions co-exist with voluntary private retirement savings? (with T. Andersen and Q. Liu) Indian Economic Review, 58 (1), 237--251, 2023.
A Rational-Choice Model of Covid-19 Transmission with Endogenous Quarantining and Two-sided Prevention (with Shankha Chakraborty and Xiumei Yu), Journal of Mathematical Economics, Vol 3, 102492, 2021
Reference-dependent preferences, time inconsistency, and pay-as-you-go pensions, 59, 1008-30 (with T. M. Andersen and Q. Liu); Economic Inquiry (2021)
Exponential-growth prediction bias and compliance with safety measures related to COVID-19. (with R. Banerjee and P. Majumdar) Social Science & Medicine, 268, 113473.
Pareto-improving transition to fully funded pensions under myopia (with Torben M. Andersen and M. Gestsson), Journal of Demographic Economics 87(2), 169-212, 2021
Intergenerational conflict over the environment under the Pareto criterion (with Pan Liu and Torben M. Andersen), Journal of Environmental Economics and Management, 2020
Why mandate young borrowers to contribute to their retirement accounts? (with Torben M. Andersen), Economic Theory, 2020
Intergenerational debt dynamics without tears (with Torben M. Andersen), Review of Economic Dynamics, 35, 192-219, 2020
The Fight-or-Flight Response to the Joneses (with R. Barnett and H. Bunzel); Journal of Economic Dynamics and Control, April 2019
Private versus public old-age security (with R. Barnett and M. Puhakka); Journal of Population Economics, 31: 703-746, 2018
Contraception and the Demographic Transition (with Shankha Chakraborty); Economic Journal, 127 (606), 2263-2301, 2017
Do the Joneses make you financially vulnerable? (with R. Barnett and H. Bunzel); Arthaniti
The Intergenerational Welfare State and the Rise and Fall of Pay-as-you-go Pensions (with Torben M. Andersen), Economic Journal, 127, 602, 896--923, 2017
Endogenous borrowing constraints and wealth inequality (with Min Wang and Xue Qiao), Macroeconomic Dynamics 20, 1413-1431, 2016
Optimal Health and Environmental Policies in a Pollution-Growth Nexus (with Min Wang and Jinhua Zhao), Journal of Environmental Economics and Management, 71, 160--179, 2015
Voting for immiserizing income redistribution in the Meltzer-Richard model (with R. Barnett and H. Bunzel), Economic Inquiry 52(2), 682--695, 2014
A Dynamic-Efficiency Rationale for Public Investment in the Health of the Young (with Torben M Andersen), Canadian Journal of Economics, 47(3), 697--719, 2014 [lead article]
Patience Cycles (with R . Barnett and M. Puhakka), Journal of Institutional and Theoretical Economics, 169(2), 339-354, 2013
Unfunded pensions and endogenous labor supply (with Torben M Andersen), Macroeconomic Dynamics 17(5), 971-997, 2013
Deviant Generations, Ricardian Equivalence, and Growth Cycles (with R. Barnett and H. Bunzel), Economic Theory, 52(1), 367-396, 2013
Fertility Choice under Child Mortality and Social Norms (with Shankha Chakraborty), Economics Letters 115(3), 338--341, 2012
On Myopia as Rationale for Social Security (with Torben M Andersen) Economic Theory, 47(1), 135-158, 2011
Optimal Monetary Policy Rules under Persistent Shocks (with R. Singh), Journal of Economic Dynamics and Control, 34(7), 1277-1294, 2010
Resurrecting equilibria through cycles in an overlapping generations model of money (with R. Barnett and H. Bunzel), Journal of Macroeconomics, 32(2), 515-526, 2010
Choosing to keep up with the Joneses and Income Inequality (with R. Barnett and H. Bunzel), Economic Theory 45(3), 469-496, 2010
Why Does Overnight Liquidity Cost More Than Intraday Liquidity? (with A. Martin and J Haslag), Journal of Economic Dynamics and Control, 33(6), 1236-1246, 2009
Optimal Monetary Policy and Economic Growth (with A. Martin and J. Haslag), European Economic Review, 53(2), 210-221, 2009
Understanding the cost difference between intraday and overnight liquidity (with A. Martin and J. Haslag), Journal of Financial Transformation, 24, 105-107, 2008
Rejuveniles and Growth (with R. Barnett), European Economic Review, 52, 1055-1071, 2008
On the Usefulness of the Constrained Planning Problem in a Model of Money (with R. Singh), Macroeconomic Dynamics, 4(12), 503-525, 2008
Optimal Choice of Monetary Instruments in an Economy with Real and Liquidity Shocks (with R. Singh); Journal of Economic Dynamics and Control, 32 (4), 1273-1311, 2008
Who is Afraid of the Friedman Rule? (with J. Haslag, A. Martin, and R. Singh), Economic Inquiry, 46(2), 113-130, 2008
Public and Private Expenditures on Health in a Growth Model (with X. Qiao), Journal of Economic Dynamics and Control, 31 (8), 2519-2535, 2007
Social Security and Intergenerational Redistribution (with R. Reed), in Structural Models of Wage and Employment Dynamics, Eds: Bunzel, Christensen, Neumann, and Robin; Essays in Honor of Dale Mortensen on his 65th birthday-2007
Sub-Optimality of the Friedman Rule in Townsend's Turnpike and Stochastic Relocation Models of Money: Do finite lives and initial dates matter? (joint with J. Haslag and A. Martin), Journal of Economic Dynamics and Control, 30(5), 879-897, 2006
The Role of Money in Two Alternative Models: When is the Friedman Rule Optimal, and Why? (with J. Haslag and S. Russell), Journal of Monetary Economics, 52 (8), 1401-1433, 2005
Heterogeneity, Redistribution, and the Friedman rule (with A . Martin and J Haslag), International Economic Review, 46 (2), 437-454, 2005
The Non-Monotonic Relationship between Seigniorage and Income Inequality (with H Bunzel and J. Haslag), Canadian Journal of Economics, 38 (2), 500-519, 2005
What do Information Frictions do? (with Shankha Chakraborty), Economic Theory, 26 (3), 6 , 51-675, October, 2004
Can Financial Intermediation Induce Economic Fluctuations? (with S. Banerji and N V Long), Journal of Economic Dynamics and Control, 28(11), 2215-2238, 2004
Labor Market Search And Optimal Retirement Policy (with Robert R Reed and Casey Mulligan), Economic Inquiry, 42, 560-571, 2004 [awarded 2005 Best article Award by Economic Inquiry]
Dynamics of the Planning Solution to the Discrete-Time Textbook Model of Equilibrium Labor Market Search and Matching (with H Bunzel), Economics Bulletin 5 (19), 1-10, 2003
Two-Period Cycles in a Three-Period Overlapping Generations Model (with S. Russell), Journal of Economic Theory 109 (2), 378-401, 2003
Monetary Policy, Fiscal Policy, and the Inflation Tax: Equivalence Results (with J Haslag and S . Russell), Macroeconomic Dynamics, 7(5), 647-669, 2003
Is Reserve Ratio Arithmetic More Pleasant? (With J. Haslag), Economica 70(3), 471-491, 2003
Tight Money Policies and Inflation Revisited (with N. Kudoh), Canadian Journal of Economics, 185-217, 2002
On the Use of the Inflation Tax when Non-Distortionary Taxes are Available (with J. Haslag), Review of Economic Dynamics, 4, 823-841, 2001
Credit Market Imperfections, Income Distribution, and Capital Accumulation, Economic Theory 11 (1), 171-200, 1998
Price Level Volatility: A Simple Model of Money Taxes and Sunspots (with M. Guzman, and K. Shell), Journal of Economic Theory, 81(2), 401-443, 1998
Some Even More Unpleasant Monetarist Arithmetic (with M. Guzman and B. D Smith), Canadian Journal of Economics, 31 (3), 596-623, 1998
Unemployment, Credit Rationing, and Capital Accumulation: A Tale of Two Frictions (with C . Betts), Economic Theory 12 (3), 462-489, 1998
Monetary, Fiscal, and Bank Regulatory Policy in a Simple Monetary Growth Model (with E. Huybens, M. Guzman, and B. D. Smith), International Economic Review, 38(2), 321-51, 1997