Multiproduct Firms and Price-Setting: Theory and Evidence from U.S. Producer Prices (October 2013, February 2012 version)

(with Saroj Bhattarai) Journal of Monetary Economics. Volume 66, September 2014.


Market Structure and Exchange Rate Pass-Through (January 2015, August 2012 version, with Raphael Auer) Journal of International Economics. Volume 98, January 2016.


Rational Inattention, Multi-Product Firms and the Neutrality of Money (with Ernesto Pasten) Journal of Monetary Economics, Volume 80, June 2016 (Lead Article).


International Menu Costs and Price Dynamics Review of International Economics, Volume 25(3), 578-606, August 2017. Online appendix.


Inflation Dynamics During the Financial Crisis (with Simon Gilchrist, Jae Sim and Egon Zakrajsek), American Economic Review, Volume 107, March 2017.


Is Increased Price Flexibility Stabilizing? Redux (with Saroj Bhattarai and Gauti Eggertsson), Journal of Monetary Economics, Volume 100, December 2018. Supplementary Appendix.


YOLO: Mortality Beliefs and Household Finance Puzzles (with Rawley Heimer and Kristian Myrseth) Journal of Finance, Volume 74, Issue 6, December 2019.


The Propagation of Monetary Policy Shocks in a Heterogeneous Production Economy (with Ernesto Pasten and Michael Weber), first version March 2016, forthcoming at the Journal of Monetary Economics.


Working Papers:


News and uncertainty about COVID-19: Survey evidence and short-run economic impact March 2020.

(with Alexander Dietrich, Keith Kuester und Gernot Muellter)


Big G April 2020. Submitted.

(with Lydia Cox, Gernot Mueller, Ernesto Pasten and Michael Weber)


Raising the Target: How Much Extra Room Does It Really Give? July 2019.

(with Jean-Paul L'Huillier)


The Real Effects of Monetary Shocks: Evidence from Micro Pricing Moments October 2019. Submitted.

(with Gee Hee Hong, Matt Klepacz and Ernesto Pasten)


Price Rigidity and the Granular Origins of Aggregate Fluctuations August 2019. Submitted.

(with Ernesto Pasten and Michael Weber)


Financial Heterogeneity and Monetary Union (with Simon Gilchrist, Jae Sim and Egon Zakrajsek) Finance and Economics Discussion Series, Federal Reserve Board. 2018-043. Revise and Resubmit at the Journal of Monetary Economics.


The Evolution of Work (NBER Working Paper, November 2006, June 2014 version)

(with Markus Moebius)