Policy

Unemployment Insurance (with Nirupama Rao) in William E. Cunion and Paul Quirk, eds., Governing America, Facts on File, New York, 2011

The basics of how unemployment insurance works in the US

The “Surprising” Origin and Nature of Financial Crises: A Macroeconomic Policy Proposal (with Ricardo Caballero), in Financial Stability and Macroeconomic Policy, Federal Reserve Bank of Kansas City, 2009

Some thoughts on the role of surprises in financial crises

Public-Private Partnerships for Liquidity Provision (with Ricardo Caballero). March 2009

An idea on how to provide insurance against worst case-scenarios

Flight to Quality and Bailouts: Policy Remarks and a Literature Review (with Ricardo Caballero). October 2008