My primary research interests are in computational macroeconomics, household consumption and saving, monetary theory, and labor economics.

Publications

• "A Model of Money and Credit, with Application to the Credit Card Debt Puzzle". (Joint with Randall Wright). 2008. Review of Economic Studies, 75(2), 629-647. Paper.


• "Families and Careers". (Joint with Iourii Manovskii and Gueorgui Kambourov.) November 2007. Forthcoming in "Frontiers of Family Economics", Elsevier, edited by Peter Rupert.

Research Papers

• "Household Need for Liquidity and the Credit Card Debt Puzzle". New version: May 2008. Paper.

Work in Progress

• "Precautionary Demand for Money in a Monetary Search Business Cycle Model". (Joint with Ludo Visschers).
  
• "The Inflation Tax in a Real Business Cycle Model with Housing". (Joint with Marcus Hagedorn).
  
• "Uncertainty, Cash Advances, and Demand for Liquidity".

Long-Run Projects

• "Welfare Costs of Inflation: International Evidence". (Joint with Paola Boel)
  
• "Occupational Mobility, Inequality and Growth in Transitional Economies". (Joint with Iourii Manovskii)