Working Papers

Entry and Profits in an Aging Economy: The Role of Consumer Inertia, April 2025

Revise and Resubmit at Review of Economic Studies

Nonlinear Pricing and Misallocation, October 2024 (with Alessandra Peter)

Revise and Resubmit at American Economic Review

The Macroeconomics of Trade Credit, August 2024  (with Luigi Bocola)

Revise and Resubmit at American Economic Review

The Impact of Social Insurance on Household Debt, August 2023 (with Sasha Indarte)

Revise and Resubmit at Review of Economic Studies

Publications

A World Equilibrium Model of the Oil Market (with Per Krusell and Sergio Rebelo)
Review of Economic Studies, January 2023

A Continuous-Time Model of Sovereign Debt [replication codes]
Journal of Economic Dynamics and Control, September 2020

Quantitative Sovereign Default Models and the European Debt Crisis (with Luigi Bocola and Alessandro Dovis)
Journal of International Economics, May 2019

Moral Hazard Misconceptions: The Case of the Greenspan Put (with Guido Lorenzoni)
IMF Economic Review, June 2018

Work in Progress

Financial Frictions and Firm Exit: Theory and Facts (with Laura Castillo-Martinez)

Awarded NSF Grant (co-PI with Laura Castillo-Martinez)

Monopsony Power and the Transmission of Monetary Policy (with Bence Bardóczy and Sergio Salgado )

Housing Heterogeneity and the Business Cycle: The Role of Micro and Macro Rigidities (with Sasha Indarte and Emily Williams)