Research

Working Papers

Optimal Climate Policy with Incomplete Markets with Thomas Douenne, Albert Jan Hummel and Marcelo Pedroni Econometrica, Revise and Resubmit. Paper Slides
Global Ripple Effects of Corporate Tax Reforms with Guangbin Hong, Muhammad Ali Sajid and Joseph B. Steinberg Journal of International Economics, invited submission to the special issue for the 2026
Joint BIS–BoE–ECB–IMF–JIE “Global Spillovers Amid Shifting Policies” Conference. Paper NBER Working Paper Slides
The Rise of Pass-Throughs: A Quantitative Exploration with Benjamin Pugsley Paper Slides
How to Tax Capitalists in the Twenty-First Century? with Benjamin Pugsley Paper Slides
Fluctuations in Uncertainty, Efficient Borrowing Constraints and Firm Dynamics Paper Slides

The Rise of Pass-Throughs: an Empirical Investigation with Benjamin Pugsley The Economic Journal, Volume 135, Issue 665, January 2025. Published Paper Working Paper Slides Replication Package
Living Arrangements and Labor Market Volatility of Young Workers with Greg Kaplan and José Víctor Ríos Rull Journal of Economic Dynamics and Control, Volume 169, December 2024. Published Paper Working Paper Slides Replication Package
A Macroeconomic Perspective on Taxing Multinational Enterprises with Guangbin Hong and Joseph B. Steinberg Journal of International Economics, Volume 152, November 2024. Published Paper Working Paper Slides Short Slides Replication Package VoxEU Summary
Optimal Taxation of Multinational Enterprises: A Ramsey Approach with Guangbin Hong and Joseph B. Steinberg Journal of Monetary Economics, Volume 141, January 2024. Published Paper Working Paper Slides
Optimal Fiscal Policy in a Model with Uninsurable Idiosyncratic Income Risk with Marcelo Pedroni The Review of Economic Studies, Volume 90, Issue 2, March 2023. Published Paper Working Paper Online Appendix Slides Replication Package
Discussion of 'Taxation and the Life-Cycle of Firms' by Erosa and Gonzalez Journal of Monetary Economics, Volume 105, August 2019. Published Paper Working Paper

Intangible Capital, Multinational Production, and Productivity Growth with Guangbin Hong, Muhammad Ali Sajid and Joseph B. Steinberg
The Retirement Gap: Entrepreneurs, Tax Policy, and the Cost of Liquidity with Baxter Robinson and Renato Zimmermann
Endogenous Firm Scope via Organizational Complexity with Guangbin Hong and Joseph B. Steinberg Slides

Models of Government Expenditure Multipliers with José Víctor Ríos Rull Economic Policy Paper, Federal Reserve Bank of Minneapolis, March 2012. Paper
Macroeconomic Consequences of Reducing International Profit Shifting with Guangbin Hong and Joseph B. Steinberg VoxEU, September 15, 2022. Column