Research
Financial Markets and Fluctuations in
Uncertainty, with
Yan Bai and Patrick Kehoe, coming soon
Firm Dynamics and Financial Development, with Yan Bai and Jing Zhang,
March 2010 paper
Default and the Maturity Structure in
Sovereign Bonds, with Ananth Ramanarayanan, April 2010 paper
Internal Debt Crises and Sovereign Defaults, with
Narayana Kocherlakota, August 2008 paper
Dollarization and Financial Integration, with Jonathan Heathcote, November 2009, Journal of Economic Theory paper
Default Risk and Income Fluctuations in Emerging Economies, March 2008, American
Economic Review paper
The Dynamic Implications of Foreign Aid and
its Variability, July 2007, with Aleš Bulíř, Timothy Lane, and
Leslie Lipschitz, Journal of Development
Economics paper
Credit Frictions and 'Sudden Stops' in Small Open Economies: An
Equilibrium Business Cycle Framework for Emerging market Crises, with Enrique Mendoza, NBER Working Paper #8880