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Research Papers

Escaping the Losses from Trade: The Impact of Heterogeneity and Skill Acquisition

-with Axelle Ferriere and Ricardo Reyes-Heroles.  November 2023: Draft - Slides

Self-fulfilling Debt Crises with Long-Stagnations

-with Joao Ayres, Juan Pablo Nicolini, and  Pedro Teles. June 2024: Draft - accepted at Journal of Political Economy

Monetary Operating Procedures in the Fed Funds Market: Theory, Evidence, and Policy Analysis

-with Ricardo Lagos. September 2024 Draft  - NBER working paper - revise and resubmit at Econometrica

Fiscal Management of Aggregate Demand: The Effectiveness of Labor Tax Credits

-with Axelle Ferriere. September 2024: Draft - revise and resubmit at IMF Economic Review

Research in Progress

Cross-Sectional Labor Dynamics After a Foreign Shock 
The Unemployment Accelerator

-with Andres Blanco.  March 2017: Draft -- Slides

Publications

The Heterogeneous Effects of Government Spending: It's all About Taxes

-with Axelle Ferriere.  March 2024: forthcoming at Review of Economic Studies --- link - Draft .

Sectoral Shocks, Reallocation, and Labor Market Policies

-with Joaquin Garcia-Cabo and Anna Lipinska. July 2023: forthcoming European Economic Review --- linkDraftWorking Paper 

On the Optimal Design of Transfers and Income-Tax Progressivity

-with Axelle Ferriere, Philipp Grübener, and Oliko Vardishvili.  June 2023: forthcoming JPE Macro  --- link - Draft 

Foreign Effects of Higher U.S. Interest Rates

-with Matteo IacovielloJournal of International Money and Finance, vol 95, pp. 232-250, pp. 232-250, July 2019  link --  Working Paper -- Slides

                                 Bloomberg article

Sovereign Default: The Role of Expectations

-with Joao Ayres, Juan Pablo Nicolini, and Pedro TelesJournal of Economic Theory, vol 175, pp. 803-812, 2018.  link -- Working Paper -- Slides

The Argentine Economy After Two Centuries

-with Francisco Buera and Juan Pablo Nicolini.    Latin American Journal of Economics 2011, Vol 48: 133-156.  link

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