Working Papers

Beyond the Spike at Zero: Understanding Nominal Wage Rigidity through Empirical and Model-Based Approaches

State dependent government spending multipilers: Downward nominal wage rigidity and sources of business cycle fluctuations (slides), with Sarah Zubairy, NBER Working Paper 30025,  Mosbacher Institute: the Takeaway, Revise and Resubmit at American Economic Journal: Macroeconomics.

Publication

The impact of retail e-commerce on relative prices and consumer welfare, with Misaki Matsumura and David E. Weinstein, NBER Working Paper 26506, Accepted at The Review of Economics and Statistics. 

Works in Progress

Managing Household Inflation Expectations vis Salient Prices: Using State-level Gas Tax Holidays, with Ben Klopack and Steven L. Puller, (Abstract).

Revisiting the Gains from Wage Flexibility in A Currency Union, with Joonseok Oh (Abstract).