Research

Most Recent Unpublsihed Working Papers

• *The Slanted-L Phillips Curve (with Pierpaolo Benigno), prepared for AEA P&P, January 2024.
• The Inflation Surge of the 2020: The Role of Monetary Policy (with Donald Kohn), August 2023.
• *It’s Baaack: The Inflation Surge of 2020s and the Return of the Non-Linear Phillips Curve (with Pierpaolo Benignio), Preliminary Revision, December, 2023.

Published and Forthcoming Articles

• Negative Nominal Interest Rates and the Bank Lending Channel (with Ragnar Juelsrud, Lawrence H. Summers and Ella G. Wold), Review of Economic Studies, forthcoming
• Time Consistency and the Duration of Government Debt: A Model of Quantitative Easing (with Saroj Bhattarai and Bulat Gafarov), Review of Economic Studies, forthcoming
• Kaldor’s and Piketty’s Facts: The Rise of Monopoly Power in the United States (with Jakob Robbins and Ella Getz Wold), Journal of Monetary Economics, Volume 124, November 2021. Talk