Research

Working Papers


"Dynamic Models, New Gains from Trade?", 2024, with Andrei Levchenko, Nitya Pandalai-Nayar, and Hiroshi Toma


"Monetary Policy without Moving Interest Rates: The Fed Non-Yield Shock", 2023, with Niklas Kroner


"The Local-Area Incidence of Exporting", 2021, with Aaron Flaaen, Nitya Pandalai-Nayar, and Jan Schlupp


"The US, Economic News, and the Global Financial Cycle", 2020, with Niklas Kroner, Conditionally accepted at the Review of Economic Studies


"Monetary Policy and Durable Goods," joint with Robert B. Barsky, Christopher L. House, and Miles S. Kimball, 2015


Publications


"New Measurement of Export Participation in U.S. Manufacturing", with Aaron Flaaen and Nitya Pandalai-Nayar. AEA Papers and Proceedings, May 2023, Vol. 113, pp. 93-98


"The Long and the Short (Run) of Trade Elasticities", with Andrei Levchenko and Nitya Pandalai-Nayar, American Economic Review, April 2023, Vol. 113 No. 4, pp. 861-905 (lead article) 


"Convex Supply Curves", with Nitya Pandalai-Nayar, American Economic Review, December 2022, Vol. 112 No. 12, pp. 3941–3969 


"Multinationals, Offshoring, and the Decline of U.S. Manufacturing," joint with Aaron Flaaen and Nitya Pandalai-Nayar, Journal of International Economics, November 2020, Vol. 127


“Government Consumption and Investment: Does the Composition of Purchases Affect the Multiplier?” Journal of Monetary Economics, November 2020, Vol. 115, pp. 80-93


"Optimal Taylor Rules when Targets are Uncertain," joint with Christopher L. House. European Economic Review, October 2019, Vol. 119, pp. 274-286


"Input Linkages and the Transmission of Shocks: Firm Level Evidence from the 2011 Tohoku Earthquake," joint with Aaron Flaaen and Nitya Pandalai-Nayar. The Review of Economics and Statistics, March 2019, Vol. 101, No. 1, pp. 60–75


Old Working Papers


"Household Balance Sheets, Default, and Fiscal Policy at the Zero Lower Bound," 2015


"Government Spending and Durable Goods," 2015


"Complementarities in Multinational Production and Business Cycle Dynamics," joint with Aaron Flaaen and Nitya Pandalai-Nayar, 2014