Papers


Working Papers:

1.  Accounting for Plant-level Misallocation, April 2009 (with Daniel Yi Xu)

                Slides

 

2.  Inventories, Markups and Real Rigidities in Menu Cost Models, January 2009 (with Oleksiy Kryvtsov)

 

3.   Temporary Price Changes and the Real Effects of Monetary Policy, September 2008 (with Patrick Kehoe)

                April 2007 version: Sales and the Real Effects of Monetary Policy, Slides

 

4.   Sticky Prices and Real Exchange Rates in the Cross-Section, June 2007 (with Patrick Kehoe)

                Slides

 

Published or Under Review:

 

1.       Inventories, Markups and Real Rigidities in New Keynesian Business Cycle Models, July 2009 (with Oleksiy Kryvtsov)

accepted, Journal of Japanese and International Economies

Appendix

 

 

2.   Menu Costs, Multi-Product Firms and Aggregate Fluctuations, July 2009

                  revise & resubmit, Econometrica

                  Appendix, August 2006 version

 

3.   Inventories, Lumpy Trade and Large Devaluations, June 2009 (with George Alessandria and Joe Kaboski)

                  accepted, American Economic Review

 

4.   Is Firm Pricing State or Time-Dependent? Evidence from US Manufacturing, March 2008

                  forthcoming, Review of Economics and Statistics

                  Appendix, August 2005 version

 

5.    International Price Dispersion in State-Dependent Pricing Models, June 2007

                 Journal of Monetary Economics

                 Technical Appendix , Data Appendix

 

Comments


 

1.    On “Monetary Policy and Business Cycles with Endogenous Entry and Product Variety,” by Bilbiie, Ghironi, Melitz, June 2007

                  NBER Macro Annual 2007

                   slides

 

2.     On “Implications of Micro Price Data for Macro Models,” by Mackowiak and Smets, June 2008

                 Boston Fed Phillips Curve Conference

                 slides

 

 

Discussions (slides)


Reset Price Inflation and the Impact of Monetary Policy shocks, by Bils, Klenow, Malin, March 2009

 

Altruistic Dynamic Pricing with Customer Regret, by Julio Rotemberg, January 2009

 

Currency Choice and Exchange Rate Pass-Through, by Gopinath, Itskhoki, Rigobon, December 2007

 

Understanding International Price Differences Using Barcode Data,  by Broda and Weinstein, November 2007

 

On the Optimal Choice of Monetary Policy Instruments, by Atkeson, Chari, Kehoe, May 2007

 

Marketing Frictions and International Pricing Puzzles, by Drozd and Nosal, January 2007

 

State-Dependent Nominal Rigidities and Disinflations in Small Open Economies, by Kolver, January 2007

 

Expectations and Exchange Rate Dynamics: A State-Dependent Pricing Approach,  by Landry, November 2006

 

Price Stickiness in Ss Models: Basic Properties, by Caballero and Engel, October 2006