Working papers

Measuring Small Business Dynamics and Employment with Private-Sector Real-Time Data
with Etienne Lalé and Lien Ta, January 2025,  revise and resubmit at Journal of  Public Economics
Appendix | Video | FESAC presentation | Media coverage: WSJ, WSJ, WSJ, Politico 

Disincentive Effects of Unemployment Insurance Benefits
with Andreas Hornstein, Marios Karabarbounis, Etienne Lalé and Lien Ta, December 2024
Richmond Fed Economic Brief

The China Shock Revisited: Job Reallocation and Industry Switching in U.S. Labor Markets
with Nick Bloom, Kyle Handley and Phil Luck, October 2024, NBER Working Paper 33098

Downward Wage Rigidity in the United States: New Evidence from Worker-Firm Linked Data
with Erika McEntarfer, May 2024

Predictable Forecast Errors in Full-Information Rational Expectations Models with Regime Shifts
with Ina Hajdini, September 2023


Older papers

News Shocks and Inflation: Lessons for New Keynesians
with Chris Otrok, April 2017

New Evidence on the Relationship between News Shocks and the Slope of the Term Structure
with Chris Otrok, June 2016
Appendix

Do Workers Feel Entitled to High Wages? Evidence from a Field Experiment
with Matthieu Chemin, October 2014
Appendix

Asset Value Constraints in Models of Incomplete Factor Taxation
with David Arseneau and Sanjay Chugh, November 2009

Optimal Capital Taxation in an Economy with Capital Allocation Frictions
with David Arseneau and Sanjay Chugh, September 2008

Search Frictions in Physical Capital Markets as a Propagation Mechanism
with Nicolas Petrosky-Nadeau, April 2007