Journal Publications

"Regional Consumption Responses and the Aggregate Fiscal Multiplier"
with  Marios Karabarbounis,  Marianna Kudlyak, and  M. Saif Mehkari
Review of Economic Studies, Vol. 90, No. 5, pp. 2674
Working Paper
https://doi.org/10.1093/restud/rdad007

"The Aggregate and Local Economic Effects of Government Financed Health Care"
with  Rodrigo Guerrero
Economic Inquiry, April 2021, Vol. 59, No. 2, pp. 662-670
Working Paper
https://doi.org/10.1111/ecin.12951

"Sticky Wages, Monetary Policy and Fiscal Policy Multipliers"
with  Rong Li and  Jingchao Li
Journal of Macroeconomics, December 2019, Vol. 62, 103157, pp. 103-157
Working Paper
https://doi.org/10.1016/j.jmacro.2019.103157

"A Cup Runneth Over: Fiscal Policy Spillovers from the 2009 Recovery Act"
with  Peter B. McCrory
Economic Journal, June 2018, Vol. 128, No. 611, pp. 1476-1508
Working Paper
https://doi.org/10.1111/ecoj.12475

"Local and Aggregate Fiscal Policy Multipliers"
with  Rodrigo Guerrero
Journal of Monetary Economics, December 2017, Vol. 92, pp. 16-30
Working Paper
https://doi.org/10.1016/j.jmoneco.2017.07.007

"The 2009 Recovery Act: Stimulus at the Extensive and Intensive Labor Margins"
with  M. Saif Mehkari
European Economic Review, June 2016, Vol. 85, pp. 208-228
Working Paper
https://doi.org/10.1016/j.euroecorev.2016.01.009

"The Expected Inflation Channel of Government Spending in the Postwar U.S."
with  Rong Li
European Economic Review, February 2015, Vol. 74, pp. 36-56
Working Paper
https://doi.org/10.1016/j.euroecorev.2014.11.004

"The Analytics of Technology News Shocks"
with  M. Saif Mehkari
Journal of Economic Theory, September 2014, Vol. 153, pp. 392-427
Working Paper
https://doi.org/10.1016/j.jet.2014.07.005

"The American Recovery and Reinvestment Act: Solely a Government Jobs Program?"
with  Timothy Conley
Journal of Monetary Economics, July 2013, Vol. 60, No. 5, pp. 535-549
https://doi.org/10.1016/j.jmoneco.2013.04.011

"Integrating Sticky Information and Sticky Prices"
with  Tomiyuki Kitamura and  Takayuki Tsuruga
Review of Economics and Statistics, August 2010, Vol. 92, No. 3, pp. 657-669
https://doi.org/10.1162/rest_a_00017

"What Do Technology Shocks Tell Us about the New Keynesian Paradigm?"
with  Jing Han and  Yi-Chan Tsai
Journal of Monetary Economics, May 2009, Vol. 56, No. 4, pp. 560-569
https://doi.org/10.1016/j.jmoneco.2009.03.016

"Sticky Information: The Impact of Different Information Updating Assumptions"
with  Takayuki Tsuruga
Journal of Money, Credit, and Banking, December 2005, Vol. 37, No. 6, pp. 1143-1152
https://doi.org/10.1353/mcb.2006.0004

"Stabilizing Non-Fundamental Asset Price Movements under Discretion and Limited Information"
Journal of Monetary Economics, December 2005, Vol. 52, No. 4, pp. 727-747
https://doi.org/10.1016/j.jmoneco.2005.03.005

"Keynesian Conundrum: Multiplicity and Time Consistent Stabilization"
Review of Economic Dynamics, January 2005, Vol. 8, No. 1, pp. 154-177
https://doi.org/10.1016/j.red.2004.07.002

"Optimal Random Monetary Policy with Nominal Rigidity"
Journal of Economic Theory, September 2003, Vol. 112, No. 1, pp. 66-78
https://doi.org/10.1016/S0022-0531(03)00100-5

"A Spatial Analysis of Sectoral Complementarity"
with  Timothy Conley
Journal of Political Economy, April 2003, Vol. 111, No. 2, pp. 311-352
https://doi.org/10.1086/367681

"Jealousy and Equilibrium Overconsumption"
with  Wen Fang Liu
American Economic Review, March 2003, Vol. 93, No. 1, pp. 423-428
https://doi.org/10.1257/0002828041301704

"The Natural Rate of Q"
American Economic Review, May 2002, Vol. 92, No. 2, pp. 96-101
https://doi.org/10.1257/000282802320189078

"The Fed Response to Equity Prices and Inflation"
with  Timothy Conley
American Economic Review, May 2004, Vol. 94, No. 2, pp. 24-28
https://doi.org/10.1257/0002828041301704

"Monetary Policy and Asset Prices: A Comment"
Journal of Monetary Economics, January 2002, Vol. 49, No. 1, pp. 99-106
https://doi.org/10.1016/S0304-3932(01)00094-0

"Ruling Out Pareto Dominated Equilibria"
Journal of Economic Dynamics & Control, December 2001, Vol. 25, No. 12, pp. 1899-1910
https://doi.org/10.1016/S0165-1889(00)00006-3

"Investment and Interest Rate Policy"
Journal of Economic Theory, May 2001, Vol. 98, No. 1, pp. 85-113
https://doi.org/10.1006/jeth.2000.2765

"Exchange Rates and the Fiscal Theory of the Price Level"
Journal of Monetary Economics, June 2000, Vol. 45, No. 3, pp. 613-630
https://doi.org/10.1016/S0304-3932(00)00006-4

"Aggregation and Irrelevance in Multi-Sector Models"
Journal of Monetary Economics, April 1999, Vol. 43, No. 2, pp. 391-410
https://doi.org/10.1016/S0304-3932(98)00057-9

"Some Effects of Taxes on Schooling and Training"
with  Lance J. Lochner,  Christopher Taber, and  Mary Beth Wittenkind
American Economic Review, May 1996, Vol. 86, No. 2, pp. 340-346