Working Papers

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.

Establishing downward nominal wage rigidity through cyclical changes in the wage distribution (slides)

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.