Published Research

Collateral constraints and macroeconomic asymmetries,” with Matteo Iacoviello, accepted for publication in the Journal of Monetary Economics (May 2017 draft). Slides. Codes.

"The Effects of Foreign Shocks when Interest Rates are at Zero” with Martin Bodenstein and Christopher Erceg, accepted for publication in the Canadian Journal of EconomicsCodes (last updated 01/06/2016).

OccBin: a toolkit for solving dynamic models with occasionally binding constraints easily,” with Matteo Iacoviello, Journal of Monetary Economics, vol. 70(1), pages 22-38, 2015. Toolkit. Slides.

"Modelling Investment-Sector Efficieny Shocks: When Does Disaggregation Matter?” with Dale Henderson and Jinill Kim. International Economic Review,  vol. 55(3), pages 891-917,  2014. 

"Banks, Sovereign Debt, and the International Transmission of Business Cycles,” with Matteo Iacoviello and Raoul Minetti. NBER International Seminar on Macroeconomics, University of Chicago Press, vol. 9, pages 181 - 213, 2013.

"Oil Shocks and the Zero Bound on Nominal Interest Rates,” with Martin Bodenstein and Christopher Gust. Journal of International Money and Finance, vol. 32(C), pages 941-967, 2013.

 "Monetary Policy Responses to Oil Price Fluctuations,” with Martin Bodenstein and Lutz Kilian. IMF Economic Review, vol. 60(4), pages 470-504, 2012.

 "Did Easy Money in the Dollar Bloc Fuel the Oil Price Run-Up?,” with Christopher Erceg and Steven Kamin. International Journal of Central Banking, vol. 7(1), pages 131-160, 2011.

"Oil shocks and external adjustment,” with Martin Bodenstein and Christopher Erceg. Journal of International Economics, Elsevier, vol. 83(2), pages 168-184, 2011.

"International Competition and Inflation: A New Keynesian Perspective,” with Christopher Gust and David Lopez-Salido, American Economic Journal: Macroeconomics.  vol. 2(4), pages 247-80, 2010.

"Trade adjustment and the composition of trade,” with Christopher Erceg and Christopher Gust. Journal of Economic Dynamics and Control, vol. 32(8), pages 2622-2650, 2008.

Optimal Monetary Policy with Distinct Headline and Core Inflation Rates,” with Maritin Bodenstein and Christopher Erceg. Journal of Monetary Economics, vol. 55, pages S18-S33, 2008.

"On the Application of Automatic Differentiation to the Likelihood Function for Dynamic General Equilibrium Models", in Advances in Automatic Differentiation: Lecture Notes in Computational Science and Engineering, vol. 64. Berlin: Springer, 2008.

"The Inflation Persistence of Staggered Contracts," Journal of Money, Credit and Banking,  vol. 38(2), pages 483-494, 2006.

"SIGMA: A New Open Economy Model for Policy Analysis,” with Christopher Erceg and Christopher Gust. International Journal of Central Banking, vol. 2(1), 2006.

 "Expansionary Fiscal Shocks and the US Trade Deficit,” with Christopher Erceg and Christopher Gust. International Finance vol. 8(3), pages 363-397, 2005.

"Can Long-Run Restrictions Identify Technology Shocks?,” with Christopher Erceg and Christopher Gust. Journal of the European Economic Association, vol. 3(6), pages 1237-1278, 2005. Replication code for model in Figure 3.  Replication code for model in Figure 7.