Working papers

The Changing (Dis-)Utility of Work

Revised June 2018
with Greg Kaplan
[PDF] [NBER] [News Coverage]

A Sequential Bargaining Model of the Fed Funds Market with Excess Reserves

Federal Reserve Bank of Chicago Working Paper 2018-08
May 2018
with James Clouse
[PDF]

The Pervasive Importance of Tightness in Labor-Market Volatility

April 2017
with Robert E. Hall
[PDF]

Market-Based Probabilities: A Tool for Policymakers

March 2016
with Ron Feldman, Ken Heinecke, Narayana Kocherlakota, and Tom Tallarini
[PDF]

Portfolio Choices and Risk Preferences in Village Economies

Federal Reserve Bank of Minneapolis Working Paper 706
May 2013
with Pierre-André Chiappori, Krislert Samphantharak, and Robert M. Townsend
[PDF]