Academic Publications
Asset price bubbles
1. ​Asset Bubbles and Global Imbalances, with Daisuke Ikeda, forthcoming at American Economic Journal: Macroeconomics [slides
2. Asset Pledgeability and Endogenously Leveraged Bubbles, with Julien BenguiJournal of Economic Theory, 177, 2018, pp. 280-314 [pdf]
3. Toxic Asset Bubbles with Daisuke IkedaEconomic Theory, 2016, 61(2), pp. 241-271 [pdf]
4. Bubbles, Wage Rigidity, and Persistent Recessions, with Andrew Hanson, Economic Letters, 151(2), 2017, pp. 66-70 [pdf]

Sovereign debt
5. Sovereign Debt SignalsJournal of International Economics​, 2017, 104, pp. 157-165 [pdf]
6. Nominal Sovereign DebtInternational Economic Review, 58 (4), 2017, pp. 1303-1316 [pdf]
7. A Model of Sovereign Debt with Private InformationJournal of Economic Dynamics and Control, 83, 2017, pp. 1-17 [pdf]
8. Information, Insurance and the Sustainability of Sovereign DebtReview of Economic Dynamics, 2016, 22, pp. 93-108 [pdf]

Climate
9. Temperature and Growth: a Panel Analysis of the United States, with Ricardo Colacito and Bridget Hoffmann, forthcoming at Journal of Money, Credit and Banking​​ [slides]
       Non-technical summaryEEA videoVoxEU; Richmond Fed Economic Brief 
       News coverageWall Street Journal; BloombergCNNCBSGuardianThinkProgressDevDiscourseEl Espectador

Mathematics
10. Roots of the Derivative of the Riemann-Zeta Function and of Characteristic Polynomials, with Eduardo Dueñez, David W Farmer, Sara Froehlich, C P Hughes, Francesco Mezzadri, Nonlinearity, 2010, 23(10)
Selected Working Papers
11Bubbly Recessions, with Sid Biswas and Andrew Hanson, revision requested at American Economic Journal: Macroeconomics [slides]
[related Richmond Fed Economic Brief]  
Presented at the Society for Economic Dynamics (SED) 2018 meeting, the conference in honor of Carlstrom and Fuerst at Notre Dame, LAEF Conference on Bubbles at the University of California Santa Barbara, the Canon Institute for Global Studies Conference on Macroeconomic Theory and Policy 2017, the University of Virginia and Federal Reserve Bank of Richmond Jamboree 2017, the ASSA 2018 meeting, the Northwestern University Alumni Conference 2018, Osaka University, and the Institute for Social and Economic Research
12The Transmission of Quasi-Sovereign Default Risk: Evidence from Puerto Rico, with Ryan Leary and Anusha Chari, previously distributed as NBER Working Paper 24108 [slides]
Presented at the NBER IFM fall 2018 meeting, DebtCon 2017 in Geneva, and the Federal Reserve Board
13Regressive Welfare Effects of Housing Bubbles, with Andrew Graczyk, resubmitted to Macroeconomic Dynamics​ 
14Risky Bubbles, Public Debt and Monetary Policies (preliminary), with Tomohiro Hirano and Daisuke Ikeda [slides]
Presented at the ASSA 2018 meeting
15Self-enforcing Debt Limits and Costly Default in General Equilibrium (preliminary), with V. Filipe Martins-da-Rocha and Yiannis Vailakis [slides]
Presented at the Federal Reserve Bank of Richmond, Virginia Tech, Duke University Triangle Dynamic Macro workshop, University of Tokyo, University of California Santa Cruz, Santa Clara University, University of Virginia, the Economics School of Louvain, the Sao Paulo School of Economics, and the Canon Institute for Global Studies Macroeconomic conference
"Science is not only a disciple of reason but also one of romance and passion" -- Stephen Hawking
Back to Top