Working Papers
Breaking the New Keynesian Dichotomy: Asset market segmentation and the
monetary transmission mechanism
Breaking the New Keynesian Dichotomy: Asset market segmentation and the
monetary transmission mechanismJoint with Robert G. King (September 2007).
Inflation and Interest Rates with
Endogenous Market Segmentation
Joint with Aubhik Khan (March 2007).
Do Sunspots Produce Business Cycles?
(April 2004)
Idiosyncratic Shocks and the Role of Nonconvexities in Plant
and Aggregate Investment Dynamics
Joint with Aubhik Khan (October 2007).
Published in Econometrica March 2008.
Inventories and the Business Cycle:
An Equilibrium Analysis of (S,s) Policies
Joint with Aubhik Khan (December 2006).
Published in American Economic Review September 2007.
+ Supplementary Materials
Explaining Inventories: A Business Cycle Assessment of the Stockout Avoidance and (S,s) Motives
Joint with Aubhik Khan (January 2006). Published in Macroeconomic Dynamics November 2007.
Adjustment Costs
Joint with Aubhik Khan (January 2006). Published in The New Palgrave Dictionary of Economics Second Edition, May 2008.
Partial Adjustment without Apology
Joint with Robert G. King (February 2005). Published in International Economic Review, August 2006.
Nonconvex Factor Adjustments in Equilibrium Business Cycle Models:
Do Nonlinearities Matter?
Joint with Aubhik Khan (April 2002). Published in Journal of Monetary Economics, March 2003.
Is Lumpy Investment Relevant for the Business Cycle?
(May 2001) Published in Journal of Political Economy, June 2002.
+ Sensitivity Appendix
On Cooper and Corbae's, "Dynamic Assignment"
Presented at Econometric Society Winter Meetings, Chicago, January 2007.
On Bachmann, Caballero and Engel's, "Lumpy Investment in Dynamic General Equilibrium"
Presented at NBER Economic Fluctuations & Growth Meeting, San Francisco, February 2007.