"I have had my solutions for a long time, but I do not yet know how I am to arrive at them."
-Carl Friedrich Gauss
Available Papers:
"Economies of Scale in Banking, Confidence Shocks, and Business Cycles,"
January 2009, under review
"The Bank Lending Channel: a FAVAR Analysis,"
April 2009 (w/ C. Dave and L. Zhang), under review
"Market Structure and Business Cycles: Do Nominal Rigidities Influence the Importance of Real Shocks?"
April 2007 (w/ C. Dave), under review
"Money Holdings, Inflation, and Welfare in a Competitive Market,"
February 2009, (Forthcoming: International Economic Review)
"Economies of Scale in Banking, Indeterminacy, and Monetary Policy,"
November 2008, (Forthcoming: Economic Inquiry)
"Inside Money, Credit, and Investment,"
May 2007 (w/ V. Li), (Published: Journal of Economic Dynamics and Control 33, April 2009, 970-84)
"The Cyclical Effects of Monetary Policy Regimes,"
March 2006 (Published: International Economic Review 48, May 2007, 551-73)
Research in Progress:
"Financial Fragility and the Great Depression: A Quantitative Assessment," (w/ D. Corbae)
"Inflation and Welfare Dynamics in a Competitive Market"
"Financial Non-fundamentals and Financial Bubbles"
"Inside Money and Banking: a Source of Nominal Rigidity?"
"Money Multipliers, Financial Acceleration, and the Compounded Amplification of Business Cycle Shocks."
"Business Cycle Asymmetries via Occasionally Binding Collateral Constraints," (w/ S. Li)