Research
Publications
The Nontradable Goods' Real Exchange Rate Puzzle
(NBER International Seminar on Macroeconomic, 2009)
Working papers
Understanding Growth through Automation: The Neoclassical Perspective
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Slides-60m (old version)
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The Future of Labor: Automation and the Labor Share in the Second Machine Age
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Slides-30m |
Credit Cards and the Great Recession: The Collapse of Teasers
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Slides
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Why Promote? The Puzzle of Zero APR on Credit Cards
(under revision, new version coming soon)
(joint with Michal Kowalik)
Unpublished research
Competing for Customers: A Search Model of the Market for Unsecured Credit
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Slides (revised draft) |
Pricing-to-Market in Business Cycle Models
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Slides |
Other writings
Why Credit Cards Played a Surprisingly Big Role in the Great Recession
(Economic Insights, Philadelphia Fed, Second Quarter 2021)
Responding to COVID-19: A Note
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Erratum
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