Research



Macroprudential Policy and Asset Liquidity [online appendix]

      


Optimal Bank Reserve Remuneration and Capital Control Policy [slides]  [replication files]

with Stephanie Schmitt-Grohé and Martin Uribe

American Economic Journal: Macroeconomics Conditionally Accepted



Flip or Flop? Tobin Taxes in the Real Estate Market [slides]

with Cameron LaPoint and Ming-Jen Lin



Spatially Targeted LTV policies and Collateral Values

with Cameron LaPoint and Ming-Jen Lin



Lender Concentration of External Debts and Sudden Stops



Social Influence in Household Equity Investment: Evidence from Randomized Military Drafts

with Chih-Ching Hung, Ming-Jen Lin, and Kevin Tseng



R&D Investment under Currency Depreciation: Should We Beggar-thy-neighbor?



Optimal Monetary Policy with Endogenous Productivity in a Small Open Economy



Works in Progress



Coordinating monetary and macroprudential policy under negative nominal rates 

with Stephanie Schmitt-Grohé and Martin Uribe