Research
Working Papers
Optimal Taxation of Wealthy Individuals, December 2012, - [PDF] (Slides - [PDF])
Online Appendix [PDF]
Incentives and Efficiency of Pension Systems (with Maxim Troshkin), December 2015 - [PDF]
External Financing and the Role of Financial Frictions over the Business Cycle: Measurement and Theory (with Ariel Zetlin-Jones), March 2016 - [PDF] - Revise and Resubmit at Journal of Monetary Economics
Political Economy of Sovereign Debt: A Theory of Cycles of Populism and Austerity (with Alessandro Dovis and Mikhail Golosov), January 2016 - [PDF] (Slides - [PDF])
Retirement Financing: An Optimal Reform Approach (with Roozbeh Hosseini) February 2017 - [PDF] (Slides - [PDF]) Revise and Resubmit at Econometrica
Screening and Adverse Selection in a Frictional Market (with Ben Lester, Venky Venkateswaran, and Ariel Zetlin-Jones) January 2017 - [PDF] (Slides - [PDF]) Revise and Resubmit at The Journal of Political Economy
Efficiency and Adverse Selection: On Desirability of Mutual Contracts (with V. V. Chari and Ariel Zetlin-Jones) - Draft Coming Soon (Slides - [PDF], [KeyNote])
Taxation, Sorting and Redistribution: Theory and Evidence (with Mikhail Golosov and Arash Nekoei) - Draft Coming Soon (Slides - [PDF])
Market-Making with Search and Private Information (with Ben Lester, Venky Venkateswaran, and Ariel Zetlin-Jones) - Draft Coming Soon (Slides - [PDF])
Publications:
Reputation and Persistence of Adverse Selection in Secondary Loan Markets (with V. V. Chari and Ariel Zetlin-Jones) [PDF], December 2014, American Economic Review
Slides - [PDF]
Previous version as NBER Working Paper - [PDF]
Optimal Contracting and Dynamic Altruism: Consumption and Family Size (with Roozbeh Hosseini and Larry E. Jones), September 2013 - [PDF], Journal of Economic Theory
Online Appendix [PDF]
Optimal Pension Systems with Simple Instruments (with Mikhail Golosov, Maxim Troshkin, and Aleh Tsyvinski), American Economic Review, Papers and Proceedings, May 2013 - [PDF]
Comment:
Comment on Fertility Social Mobility and Long-Run Inequality by Juan Carlos Cordoba, Xiying Liu, and Marla Ripoll, Journal of Monetary Economics, February 2016, [PDF]
Discussions:
Discussion of Vincenzo Quadrini's The Growth of Emerging Economies and Global Macroeconomic Stability, [PDF]
Discussion of Patrick Kehoe, Virgiliu Midrigan and Elena Pastorino's Debt Constraints and the Labor Wedge, [PDF]
Discussion of Mikhail Golosov and Luigi Iovino's Social Insurance, Information Revelation, and Lack of Commitment, [PDF]
Discussion of Darrell Duffie, Piotr Dworczak, and Haoxiang Zhu's Benchmarks in Search Markets, [PDF]
Discussion of Xavier Giroud and Holger Mueller's Firm Leverage and Unemployment during the Great Recession, [PDF]
Discussion of Juan Cordoba, Xiying Liu, and Marla Ripoll's Fertility, Social Mobility and Long-Run Inequality, [PDF]
Discussion of Sebastian Di Tella and Pablo Kurlat's A Learning Model of Search and Matching, [PDF]
Discussion of Marco Basseto, Marco Cagetti, and Mariacristina De Nardi's Credit Crunches and Credit Allocation in a Model of Entrepreneurship, [PDF]
Discussion of Emmanuel Farhi and Ivan Werning's Estate Taxation with Altruism Heterogeneity, [PDF]
Discussion of Matthew Weinzierl's Why do we Redistribute so Much but Tag so Little? The Principle of Equal Sacrifice and Optimal Taxation, [PDF]
Discussion of Ed Nosal's Equilibrium Bank Runs Revisited, [PDF]
Old Working Papers
Risk Sharing, Inequality and Fertility (with Larry E. Jones and Roozbeh Hosseini), June 2010 - [PDF]
Optimal Taxation of Entrepreneurial Income: A Mirrleesian Approach to Capital Accumulation, Jan 2011 - [PDF]
Optimal Taxation of Wealthy Individuals, December 2012, - [PDF] (Slides - [PDF])
Online Appendix [PDF]
Incentives and Efficiency of Pension Systems (with Maxim Troshkin), December 2015 - [PDF]
External Financing and the Role of Financial Frictions over the Business Cycle: Measurement and Theory (with Ariel Zetlin-Jones), March 2016 - [PDF] - Revise and Resubmit at Journal of Monetary Economics
Political Economy of Sovereign Debt: A Theory of Cycles of Populism and Austerity (with Alessandro Dovis and Mikhail Golosov), January 2016 - [PDF] (Slides - [PDF])
Retirement Financing: An Optimal Reform Approach (with Roozbeh Hosseini) February 2017 - [PDF] (Slides - [PDF]) Revise and Resubmit at Econometrica
Screening and Adverse Selection in a Frictional Market (with Ben Lester, Venky Venkateswaran, and Ariel Zetlin-Jones) January 2017 - [PDF] (Slides - [PDF]) Revise and Resubmit at The Journal of Political Economy
Efficiency and Adverse Selection: On Desirability of Mutual Contracts (with V. V. Chari and Ariel Zetlin-Jones) - Draft Coming Soon (Slides - [PDF], [KeyNote])
Taxation, Sorting and Redistribution: Theory and Evidence (with Mikhail Golosov and Arash Nekoei) - Draft Coming Soon (Slides - [PDF])
Market-Making with Search and Private Information (with Ben Lester, Venky Venkateswaran, and Ariel Zetlin-Jones) - Draft Coming Soon (Slides - [PDF])
Publications:
Reputation and Persistence of Adverse Selection in Secondary Loan Markets (with V. V. Chari and Ariel Zetlin-Jones) [PDF], December 2014, American Economic Review
Slides - [PDF]
Previous version as NBER Working Paper - [PDF]
Optimal Contracting and Dynamic Altruism: Consumption and Family Size (with Roozbeh Hosseini and Larry E. Jones), September 2013 - [PDF], Journal of Economic Theory
Online Appendix [PDF]
Optimal Pension Systems with Simple Instruments (with Mikhail Golosov, Maxim Troshkin, and Aleh Tsyvinski), American Economic Review, Papers and Proceedings, May 2013 - [PDF]
Comment:
Comment on Fertility Social Mobility and Long-Run Inequality by Juan Carlos Cordoba, Xiying Liu, and Marla Ripoll, Journal of Monetary Economics, February 2016, [PDF]
Discussions:
Discussion of Vincenzo Quadrini's The Growth of Emerging Economies and Global Macroeconomic Stability, [PDF]
Discussion of Patrick Kehoe, Virgiliu Midrigan and Elena Pastorino's Debt Constraints and the Labor Wedge, [PDF]
Discussion of Mikhail Golosov and Luigi Iovino's Social Insurance, Information Revelation, and Lack of Commitment, [PDF]
Discussion of Darrell Duffie, Piotr Dworczak, and Haoxiang Zhu's Benchmarks in Search Markets, [PDF]
Discussion of Xavier Giroud and Holger Mueller's Firm Leverage and Unemployment during the Great Recession, [PDF]
Discussion of Juan Cordoba, Xiying Liu, and Marla Ripoll's Fertility, Social Mobility and Long-Run Inequality, [PDF]
Discussion of Sebastian Di Tella and Pablo Kurlat's A Learning Model of Search and Matching, [PDF]
Discussion of Marco Basseto, Marco Cagetti, and Mariacristina De Nardi's Credit Crunches and Credit Allocation in a Model of Entrepreneurship, [PDF]
Discussion of Emmanuel Farhi and Ivan Werning's Estate Taxation with Altruism Heterogeneity, [PDF]
Discussion of Matthew Weinzierl's Why do we Redistribute so Much but Tag so Little? The Principle of Equal Sacrifice and Optimal Taxation, [PDF]
Discussion of Ed Nosal's Equilibrium Bank Runs Revisited, [PDF]
Old Working Papers
Risk Sharing, Inequality and Fertility (with Larry E. Jones and Roozbeh Hosseini), June 2010 - [PDF]
Optimal Taxation of Entrepreneurial Income: A Mirrleesian Approach to Capital Accumulation, Jan 2011 - [PDF]
