Work in Progress

Financial Stress and Monetary Policy in a Data Rich environment


A Model of Speculative House Prices Paper
Limited Market Participation, Housing, and Asset Prices (under review) Paper
Financial Innovation and Asset Prices when Agents Disagree Paper
Wealth Dynamics and Asset Prices with Recursive Preferences and Heterogeneous Beliefs (under review) Paper
Portfolio Adjustment Costs and Asset Price Volatility Paper
Financial Integration with Heterogeneous Beliefs Paper

Monetary Theory and Policy

Monetary Policy Uncertainty and Asset Returns Paper
Disagreeing about inflation and welfare effects of nominal and indexed bonds
A Model of Money Non-Neutrality under Heterogeneous Beliefs Paper