Are Government Bonds Net Wealth Or a Liability?
Implications of Heterogeneity in Preferences, Beliefs and Asset Trading Technologies for the Macroeconomy
A Multiplier Approach to Understanding the Macro Implications of Household Finance
Lagging Long-Term Wage Growth
Individual and Aggregate Constrained Efficient Intertemporal Wedges in Dynamic Mirrleesian Economies
The Ramsey Steady State Conundrum in Heterogeneous-agent Economies
The Determination of Public Debt Under Both Aggregate and Idiosyncratic Uncertainty
Time-inconsistent Optimal Quantity of Debt
Don't Tax Capital - Optimal Ramsey Taxation in Heterogeneous Agent Economies with Quasi-linear Preferences
Why are Exchange Rates So Smooth? A Household Finance Explanation
Optimal Dynamic Tax-transfer Policies in Heterogeneous-agents Economies
Optimal Ramsey Capital Taxation with Endogenous Government Spending
The Real Term Premium in a Stationary Economy with Segmented Asset Markets
The Welfare Cost of Business Cycles with Heterogeneous Trading Technologies
Why are Exchange Rates So Smooth?
Externality Cost of Capital Investment in Limited Commitment
Convergence to Rational Expectations in Learning Models
Two Monetary Models with Alternating Markets
Optimal Capital Taxation and Precautionary Savings