Are Chinese Growth and Inflation Too Smooth? Evidence from Engel Curves (with Emi Nakamura and Miao Liu)
Temporary Sales: On Autopilot and "Funded" by Frequent Flyer Accounts (with Eric Anderson, Emi Nakamura and Duncan Simester)
Growth-Rate and Uncertainty Shocks in Consumption: Cross-Country Evidence (with Emi Nakamura and Dmitriy Sergeyev)
Fiscal Stimulus in a Monetary Union: Evidence from U.S. Regions (with Emi Nakamura)
American Economic Review, forthcoming.
Vox article: Does Fiscal Stimulus Work in a Montary Union?
Price Rigidity: Microeconomic Evidence and Macroeconomic Implications (with Emi Nakamura)
Annual Review of Economics, forthcoming.
Crises and Recoveries in an Empirical Model of Consumption Disasters (with Emi Nakamura, Robert Barro and José Ursúa)
American Economic Journal: Macroeconomics, forthcoming.
Web Appendix -- Data and Programs
Vox article: Disasters, Recoveries, and the Equity Premium
Lost in Transit: Product Replacement Bias and Pricing to Market (with Emi Nakamura)
American Economic Review, 102(7), 3277-3316, December 2012.
Press: BusinessWeek (6/3/09), BusinessWeek (10/14/09)
Comments on Gagnon, Mandel, and Vigfusson (2013)
Price Setting in Forward-Looking
Customer Markets (with Emi Nakamura)
Journal of Monetary Economics, 58(3), 220-233, April 2011.
Appendixes: Technical Appendix, Firm Price Commitments
Monetary Non-Neutrality in a Multi-Sector Menu Cost Model
(with Emi Nakamura)
Quarterly Journal of Economics, 125(3), 961-1013, August 2010.
Matlab Programs: Code -- Documentation
Five Facts About Prices: A Reevaluation of Menu Cost Models (with Emi Nakamura)
Quarterly Journal of Economics, 123(4), 1415-1464, November 2008.
Frequency of Price Change by ELI: ELI table (PDF) -- ELI table (Excel)
Supplementary material: More Facts About Prices
Tables in Excel: Tables from Paper (Excel) -- Tables from Supplement (Excel)
Press: The Economist (11/9/06), Handelsblatt (2/8/10)
The Dynamic Behavior of the Real Exchange Rate in Sticky-Price Models
American Economic Review, 98(1), 519-533, March 2008.
Appendix: Derivation of the Model
Matlab Programs: Empirical Programs -- Theoretical Programs -- Documentation.
Optimal Monetary Policy in an Economy with Inflation
Journal of Monetary Economics
50(7), 1425-1456, October 2003.
Don't Replace Data with Ideology. Bloomberg View; June 12th 2012. (with Emi Nakamura and Nicolas Vincent)