Working Papers

“Output Gap Estimation and Monetary Policy with Imperfect Knowledge” with Pei Kuang and Li Tang       (longer version)

"Macroprudential policy and housing market expectations" with  Pei Kuang, Li Tang and Shihan Xie. SSRN.

“An experimental study of the effects of fiscal policy on consumption, borrowing and saving” with Miguel Costa-Gomes, George Evans and Seppo Honkapohja, work in progress.

“Perils of the EU Debt Brake and Reform Proposals” with Pei Kuang, mimeo.

“An Equivalence Result on Specifying Subjective Beliefs in Adaptive Learning Models” with Pei Kuang, work in progress.