Working Papers

Revisiting Wage Rigidity and Welfare in Currency Unions: The Role of Downward Nominal Wage Rigidity, with Joonseok Oh.

Fueling Expectations: The Causal Impact of Gas Prices on Inflation Expectations and Consumption, with Ben Klopack. 

Beyond the Spike at Zero: Understanding Nominal Wage Rigidity through Empirical and Model-Based Approaches, Revise and Resubmit at Journal of International Economics. 

Download State-level DNWR measures (link)

Publication

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

The impact of retail e-commerce on relative prices and consumer welfare, with Misaki Matsumura and David E. Weinstein, NBER Working Paper 26506, The Review of Economics and Statistics (2024) 106 (6):1675-1689.