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

The Pervasive Importance of Tightness in Labor-Market Volatility

April 2017
with Robert E. Hall

Market-Based Probabilities: A Tool for Policymakers

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

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