Research

Publications

  1. “Nonlinear Capital Taxation without Commitment ”, (with Emmanuel Farhi, Christopher Sleet and Ivan Werning, February 2011, Forthcoming, Review of Economic Studies

  2. “How Does the US Government Finance Fiscal Shocks? ”, (with Antje Berndt and Hanno Lustig, previously titled "Does the US Government Hedge Against Fiscal Risk?"), 2012, American Economic Journal: Macroeconomics, 4(1): 69–104.

  3. “ Optimal Rules for Patent Races“, (with Ken Judd and Karl Schmedders), 2012, International Economic Review (IER) 53: 23–52.

  4. “ Fiscal Hedging with Nominal Assets,” (with Hanno Lustig and Chris Sleet), 2008, Journal of Monetary Economics 55: 710-727.

  5. “ Politically Credible Social Insurance, ,” (with Chris Sleet), 2008, Journal of Monetary Economics 55: 129-151.

  6. “ Recursive Monetary Policy Games with Incomplete Information,” (with Christopher Sleet), 2007, Journal of Economic Dynamics and Control 31(5), 1557-1583.

  7. “Credibility and Endogenous Societal Discounting,” (with Christopher Sleet), 2006 Review of Economic Dynamics 9:410-437.

  8. “Optimal Taxation with Endogenously Incomplete Debt Markets,” (with Christopher Sleet), Journal of Economic Theory, 127, 2006; 36-73.

  9. “Computing Supergame Equilibria”, (with Kenneth Judd and James Conklin), Econometrica, 2003 71(4): 1239- 1255.
    [Matlab files (zip folder) for implementing the Prisoner's Dilemma Game included in the paper: Supergame_PDgame]

  10. “Dynamic Labor Contracts with Temporary Layoffs and Permanent Separations ”, (with Christopher Sleet), Economic Theory, 2001
    18(1): 207-235.

Working Papers

  1. “Poverty and Self Control,”, (with B. Douglas Bernheim and Debraj Ray), 2011.

  2. “Computing Equilibria of Dynamic Games,”, (with Ken Judd), July 2010. Slides from the Institute for Computational Economics (ICE), University of Chicago, 2010

  3. “Social Credibility, Social Patience and Long Run Inequality,” (with Christopher Sleet), 2007. [Carnegie Mellon University WP 2006-E36]

  4. “On the Approximation of Value Correspondences,” (with Christopher Sleet), 2003.

  5. “Self-Control, Savings and the Low Asset Trap” (with Douglas B. Bernheim and Debraj Ray), mimeo, 1999.