PUBLISHED PAPERS

 

o    “A Parsimonious Macroeconomic Model for Asset Pricing”*   PAPER,   A Non-Technical Summary in The Region Magazine

 Econometrica, 2009, Vol. 77, No. 6, pp. 1711-1740.

 

o    “Understanding the Evolution of the U.S. Wage Distribution: A Theoretical Analysis”*  PAPER (with Burhanettin Kuruscu)

Journal of European Economic Association, 2010, forthcoming.

 

o    “A Quantitative Analysis of the Evolution of the U.S. Wage Distribution: 1970-2000”*  PAPER (with Burhanettin Kuruscu)

NBER Macroeconomics Annual, 2009, Volume 24, pp. 231-276.

 

o    “An Empirical Investigation of Labor Income Processes”*   PAPER 

Review of Economic Dynamics, 2009, Vol. 12, No 1, pp. 58-79.

 

o    “Learning Your Earning: Are Labor Income Shocks Really Very Persistent?”*   PAPER

American Economic Review, June 2007, Vol. 97, No. 3, pp. 687-712.

 

o    “Do Stockholders Share Risk More Effectively than Non-stockholders?”   PAPER

Review of Economics and Statistics, May 2007, Vol. 89, No. 2, pp. 275-288.

 

o    “Reconciling Conflicting Evidence on the Elasticity of Intertemporal Substitution: A Macroeconomic Perspective”  PAPER  

Journal of Monetary Economics, October 2006, Vol. 53, No 7, pp. 1451-72

 

Other Publications

 

o    “Does Market Incompleteness Matter for Asset Prices?”  PAPER  (with Burhanettin Kuruscu)

Journal of European Economic Association P&P, April-May 2006, pp. 484-492.

 

o    “Consumption-based Asset Pricing Models: Theory”  PAPER   (with Hanno Lustig)

The New Palgrave Dictionary of Economics, Second Edition. Eds. Steven N. Durlauf and Lawrence E. Blume. Palgrave Macmillan, 2008.

 

o    “Consumption-based Asset Pricing Models: Empirical Performance”  PAPER   (with Hanno Lustig)

The New Palgrave Dictionary of Economics, Second Edition. Eds. Steven N. Durlauf and Lawrence E. Blume. Palgrave Macmillan, 2008.

 

 

CURRENT RESEARCH

 

o    NEW “Inferring Labor Income Risk from Economic Choices: An Indirect Inference Approach”*  PAPER (with Tony Smith)

 

o    NEW  “Taxation of Human Capital and Wage Inequality: A Cross-Country Analysis” PAPER (with Burhanettin Kuruscu and Serdar Ozkan)

·         A Non-Technical Summary in The Region Magazine   

·         Forbes Article

 

o    “Joint Search Theory: New Opportunities and New Frictions,”*  PAPER (with Bulent Guler and Gianluca Violante)

 

o    Emancipation Through Education: Marriage, Divorce, and the Changing Role of Women in the Labor Market, Work in Progress (with Michelle Rendall).

 

o    Limited Stock Market Participation versus External Habit: An Intimate Link, Work in Progress.

 

o    Estimating Income Risk from IRS Wage Data, Work in Progress (with Bradley Heim, Vasia Panousi, Ivan Vidangos, and Gianluca Violante)

 

o    SLIDES:  Discussion of “Deconstructing Lifecycle Expenditures” by Aguiar and Hurst, NBER Economic Fluctuations and Growth Meeting in Cambridge, 2008.

 

 

 

 

*The papers marked with a star are based on research supported by the National Science Foundation under grant number SES-0351001 or SES-0649437.