Published Research

• Macroprudential Policy with Leakages
  with Javier Bianchi
  Journal of International Economics, 139, November 2022.
  _{Journal link. Also available as NBER WP 25048 and CEPR DP 13951}

• Slow Recoveries and Unemployment Traps: Monetary Policy in a Time of Hysteresis
  with Sushant Acharya, Keshav Dogra and Shu Lin Wee
  Economic Journal, 132(646), pp. 2007-2047, August 2022.
  _{Journal link. Also available as CEPR DP 13409 and NY Fed Staff Report 831
  Featured in Liberty Street Economics blog post}

• Financial Safety Nets
  with Javier Bianchi and Louphou Coulibaly
  International Economic Review, 60(1), pp. 105-132, February 2019.
  _{Journal link. Also available as NBER WP 22594
  Featured in Minneapolis Fed article}

• Liquidity Traps, Capital Flows
  with Sushant Acharya
  Journal of International Economics, 114, pp. 276-298, September 2018.
  _{Journal link. Also available as CIREQ WP 2015-14 and NY Fed Staff Report 765
  Featured in Liberty Street Economics blog post}

• Asset Pledgeability and Endogenously Leveraged Bubbles
  with Toan Phan
  Journal of Economic Theory, 177, pp. 280-314, September 2018.
  _{Journal link. Also available as CIREQ WP 2018-7}

• Consumption Baskets and Currency Choice in International Borrowing
  with Ha Nguyen
  Journal of International Money and Finance, 67, pp. 287-304, October 2016.
  _{Journal link.}

• Capital Mobility and International Sharing of Cyclical Risk
  with Enrique Mendoza and Vincenzo Quadrini
  Journal of Monetary Economics 60(1), pp. 42-61, January 2013.
  _{Journal link. Also available as NBER WP 18372}