Publications
Do Government Spending Multipliers Depend on the Sign of the Shock? (with Valerie Ramey and Sarah Zubairy), forthcoming, AEA Papers and Proceedings. Online Appendix. Working Paper Version.
The TFP Channel of Credit Supply Shocks, Review of Economics and Statistics, Volume 105(2), March 2023, 425-441. Online Appendix.
Firing Restrictions and Economic Resilience: Protect and Survive? (with Tomer Ifergane), Review of Economic Dynamics, Volume 43, January 2022, 93-124.
Monetary News Shocks (with Christopher Gunn and Hashmat Khan), Journal of Money, Credit and Banking, 52(7), October 2020, 1793-1820.
Global Credit Supply Shocks and Exchange Rate Regimes, Journal of International Economics, Volume 116, January 2019, 1-32.
What Can We Learn about News Shocks from the Late 1990s and Early 2000s Boom-Bust Period?, Journal of Economic Dynamics and Control, Volume 87, February 2018, 94-105. Online Appendix.
Capital Controls as Shock Absorbers, Journal of International Economics, Volume 109, November 2017, 43-67.
Emerging Economies Business Cycles: The Role of Commodity Terms of Trade News (with Evi Pappa and Alejandro Vicondoa), Journal of International Economics, Volume 108, September 2017, 368-376.
Chronicle of a War Foretold: The Macroeconomic Effects of Anticipated Defense Spending Shocks (with Evi Pappa), Economic Journal, Volume 127, August 2017, 1568-1597.
Flexible Supply of Apprenticeship in the British Industrial Revolution (with Joel Mokyr and Karine van der Beek), Journal of Economic History, 77(1), March 2017, 208-250.
Investment-Specific News Shocks and U.S. Business Cycles (with Hashmat Khan), Journal of Money, Credit and Banking, 47(7), October 2015,
1443–1464.
Multipliers of Unexpected Increases in Defense Spending: An Empirical Investigation (with Evi Pappa), Journal of Economic Dynamics and Control, Volume 57, August 2015, 205–226.
Capital Deepening and Regional Inequality: An Empirical Analysis (with Michael Beenstock and Daniel Felsenstein), Annals of Regional Science, 47(3), June 2011, 599-617.
Working Papers
Staring into the Abyss: Credit-Supply-Driven Booms, Systematic Monetary Policy, and Adjustable-Rate Mortgages.
Is There a Single Shock that Drives the Majority of Business Cycle Fluctuations? Online Appendix.
Identification of Sign-Dependency of Impulse Responses.
Asymmetric Business Cycles in Emerging Market Economies.
The Great Cleansing.
Shorting the Dollar When Global Stock Markets Roar: The Equity Hedging Channel of Exchange Rate Determination (with Daniel Nathan). Online Appendix.
The Persistent Widening of Cross-Currency Basis: When Increased FX Swap Demand Meets Limits of Arbitrage (With Daniel Nathan). Online Appendix.
Do Government Spending Multipliers Depend on the Sign of the Shock? (with Valerie Ramey and Sarah Zubairy), forthcoming, AEA Papers and Proceedings. Online Appendix. Working Paper Version.
The TFP Channel of Credit Supply Shocks, Review of Economics and Statistics, Volume 105(2), March 2023, 425-441. Online Appendix.
Firing Restrictions and Economic Resilience: Protect and Survive? (with Tomer Ifergane), Review of Economic Dynamics, Volume 43, January 2022, 93-124.
Monetary News Shocks (with Christopher Gunn and Hashmat Khan), Journal of Money, Credit and Banking, 52(7), October 2020, 1793-1820.
Global Credit Supply Shocks and Exchange Rate Regimes, Journal of International Economics, Volume 116, January 2019, 1-32.
What Can We Learn about News Shocks from the Late 1990s and Early 2000s Boom-Bust Period?, Journal of Economic Dynamics and Control, Volume 87, February 2018, 94-105. Online Appendix.
Capital Controls as Shock Absorbers, Journal of International Economics, Volume 109, November 2017, 43-67.
Emerging Economies Business Cycles: The Role of Commodity Terms of Trade News (with Evi Pappa and Alejandro Vicondoa), Journal of International Economics, Volume 108, September 2017, 368-376.
Chronicle of a War Foretold: The Macroeconomic Effects of Anticipated Defense Spending Shocks (with Evi Pappa), Economic Journal, Volume 127, August 2017, 1568-1597.
Flexible Supply of Apprenticeship in the British Industrial Revolution (with Joel Mokyr and Karine van der Beek), Journal of Economic History, 77(1), March 2017, 208-250.
Investment-Specific News Shocks and U.S. Business Cycles (with Hashmat Khan), Journal of Money, Credit and Banking, 47(7), October 2015,
1443–1464.
Multipliers of Unexpected Increases in Defense Spending: An Empirical Investigation (with Evi Pappa), Journal of Economic Dynamics and Control, Volume 57, August 2015, 205–226.
Capital Deepening and Regional Inequality: An Empirical Analysis (with Michael Beenstock and Daniel Felsenstein), Annals of Regional Science, 47(3), June 2011, 599-617.
Working Papers
Staring into the Abyss: Credit-Supply-Driven Booms, Systematic Monetary Policy, and Adjustable-Rate Mortgages.
Is There a Single Shock that Drives the Majority of Business Cycle Fluctuations? Online Appendix.
Identification of Sign-Dependency of Impulse Responses.
Asymmetric Business Cycles in Emerging Market Economies.
The Great Cleansing.
Shorting the Dollar When Global Stock Markets Roar: The Equity Hedging Channel of Exchange Rate Determination (with Daniel Nathan). Online Appendix.
The Persistent Widening of Cross-Currency Basis: When Increased FX Swap Demand Meets Limits of Arbitrage (With Daniel Nathan). Online Appendix.