Evaluating Macroeconomic Outcomes Under Asymmetries: Expectations Matter
with Brent Bundick and Isabel Cairo, FRB SF wp 2025-17, September 2025 [Latest]
Worker and Firm Search Effort in the Labor Market: Evidence from Classified Advertisements
with H. Bi, N. Traum and G. Woodward, FRBSF wp 2025-13, July2025 [Latest]
Labor Market Dynamics, Monetary Policy Tradeoffs, and a Shortfalls Approach to Pursuing Maximum Employment
with Brent Bundick and Isabel Cairo, August 2025, FEDS Paper 2025-068 [Latest]
When Hosios meets Phillips: Connecting efficiency and stability to demand shocks
with Etienne Wasmer and Philipe Weil, February 2021 [Latest]
From Deviations to Shortfalls: The Effects of the FOMC's New Employment Objective
American Economic Journal: Macroeconomics, forthcoming, with Brent Bundick [Latest]
UI Generosity and Job Acceptance: Effects of the 2020 CARES Act
Journal of Political Economy Macroeconomics, forthcoming, with Robert G. Valletta [Latest]
Unemployment Crises
Journal of Monetary Economics, 117, January 2021, with Lu Zhang. [Data]
Replicating and Projecting the Path of COVID-19 with a Model-Implied Reproduction Number
with S. Buckman, R. Glick, K. Lansing and L. Seitelman, Infectious Disease Modelling, 2020 5.
Endogenous Disasters
American Economic Review, 108(8), August 2018, with Lu Zhang and Lars Kuehn. [Data and code]
Solving the Diamond-Mortensen-Pissarides Model Accurately
Quantitative Economics, 8(2), July 2017, with Lu Zhang. [code]
Disentangling Goods, Labor and Credit Market Frictions in Three European Economies
Labour Economics, forthcoming, with Thomas Brzustowski and Etienne Wasmer.
Shopping Time
Economics Letters 143, June 2016, with Etienne Wasmer and Shutian Zeng.
Financial Frictions, the Housing Market and Unemployment
Journal of Economic Theory 164, July 2016, with Bill Branch and Guillaume Rocheteau.
Macroeconomic Dynamics in a Model of Goods, Labor and Credit Market Frictions
Journal of Monetary Economics 72, May 2015, with Etienne Wasmer.
Credit, Vacancies and Unemployment Fluctuations
Review of Economic Dynamics 17(2), April 2014
TFP During a Credit Crunch
Journal of Economic Theory, 148(3), May 2013
The Cyclical Volatility of Labor Markets under Frictional Financial Markets
American Economic Journal: Macroeconomics 5(1), Jan. 2013 , with Etienne Wasmer
Parents in a Pandemic Labor Market
with Olivia Lofton and Lily Seitelman, February 2021 [Latest] [Short slides]
Estimating Natural Rates of Unemployment: A Primer
with B. Bok, R. Crump and C. Nekarda, FRBSF wp 2023-25, August 2023 [Latest] [Replication package]
Unemployment Paths in a Pandemic Economy
with Robert G. Valletta, FRBSF wp 2020-18, May 2020 [Latest]