I am a senior economist and research advisor at the Federal Reserve Bank of Chicago.
My research uses micro data to inform our understanding of the macroeconomy. I have studied issues including migration, risk sharing, labor markets, and inflation. My work has been published in the Journal of Political Economy, Quantitative Economics, Demography, and other journals.
June 2018: New draft of “The Changing (Dis-)Utility of Work” (with Greg Kaplan) available online from the National Bureau of Economic Research and the Becker Friedman Institute. This paper is in preparation for the Journal of Economic Perspectives.
May 2018: New working paper “A Sequential Bargaining Model of the Fed Funds Market with Excess Reserves” available online (with James Clouse).
April 2018: Two new policy articles on the evolution of the Federal Reserve’s balance sheet: “The Structure of Federal Reserve Liabilities” and “Understanding the Demand for Currency at Home and Abroad” (both with Thomas Haasl and Anna Paulson).
January 2018: “Measuring Job-Finding Rates and Matching Efficiency with Heterogeneous Jobseekers” (with Robert E. Hall) has been published in American Economic Journal: Macroeconomics.