Working Papers

[1] Optimal Trend Inflation in an Open Economy  [Appendix] (with Daeha Cho, Jung Hyun Kim & Kwang Hwan Kim) R&R Journal of Monetary Economics 

Publications

[2] The Paradox of Price Flexibility in an Open Economy  [Appendix] (with Daeha Cho & Kwang Hwan Kim)  Review of Economic Dynamics, 2023

[1] Inefficient International Risk-Sharing  [Appendix] (with Daeha Cho & Kwang Hwan Kim)  Journal of Monetary Economics, 2023