Research

Publications

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

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

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

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

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

  6. Computing Supergame Equilibria, ”, (with Kenneth Judd and James Conklin), Econometrica, 2003 71(4): 1239- 1255.

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

Working Papers

  1. Does the US Government Hedge Against Fiscal Risk?,”, (with Antje Berndt and Hanno Lustig), March 2009.

  2. Allocation and Taxation in Uncommitted Societies,”, (with Chris Sleet), January 2009. (Revise and Resubmit, Review of Economic Studies)

  3. “Computing Equilibria of Dynamic Games,”, (with Ken Judd), March 2009.

  4. “Solving Dynamic Private Information Models,”, (with Chris Sleet), October 2009.

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

  6. Optimal Rules for Patent Races,” (with Kenneth Judd and Karl Schmedders), 2007. [Carnegie Mellon University WP 2006-E37]

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

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