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), Forthcoming at Journal of Monetary Economics. Supplementary Appendix.


YOLO: Mortality Beliefs and Household Finance Puzzles (with Rawley Heimer and Kristian Myrseth) Forthcoming at the Journal of Finance.



Working Papers:


Price Rigidity and the Granular Origins of Aggregate Fluctuations August 2018. Submitted.

(with Ernesto Pasten and Michael Weber)


Financial Heterogeneity and Monetary Union June 2018. Submitted.

(with Simon Gilchrist, Jae Sim and Egon Zakrajsek)


The Propagation of Monetary Policy Shocks in a Heterogeneous Production Economy (new version September 2016)

(with Ernesto Pasten and Michael Weber)


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

(with Markus Moebius)



Work in progress:


Market Structure, Pricing to Market and External Adjustment

(with Raphael Auer and Ariel Burstein)


Menu Cost Models: An Empirical Evaluation

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