Research Interests
Primary: Macroeconomics, Computational Economics
Secondary: Public Finance
Published Papers
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The Evolution of Deficits in the United States and Implications for Debt Sustainability
with Jesse Bricker and Rebecca Wasyk (National Tax Journal, Forum on Deficits, (accepted with minor revisions)
Climate Policy and the Long-Run Interest Rate: Insights from a Simple Growth Model
with Gregory Casey and Stephie Fried (AEA Papers and Proceedings, (forthcoming)
Understanding the Inequality and Welfare Impacts of Carbon Tax Policies
with Stephie Fried and Kevin Novan
(Journal of the Association of Environmental and Resource Economists, November 2024, 11)
The Restrained Recovery of State and Local Government Payrolls from the Pandemic Recession
with David Cashin, Byron Lutz, David Ratner, and Sarah Rodman
A New Index to Measure U.S. Financial Conditions
with Andrea Ajello, Michele Cavallo, Giovanni Favara, John Schindler, and Nitish R. Sinha
Climate Policy Transition Risk and the Macroeconomy
with Stephie Fried and Kevin Novan (European Economic Review, August 2022, 147) FRBSF Economic Letter
An Evaluation of the Paycheck Protection Program Using Administrative Payroll Microdata
with David Autor, David Cho, Leland D. Crane, Mita Goldar, Byron Lutz, Joshua Montes,
David Ratner, Daniel Villar, and Ahu Yildirma (Journal of Public Economics, July 2022, 211)
The $800 Billion Paycheck Protection Program: Where Did the Money Go and Why Did it Go There?
with David Autor, David Cho, Leland D. Crane, Mita Goldar, Byron Lutz, Joshua Montes,
David Ratner, Daniel Villar, and Ahu Yildirma (Journal of Economic Perspectives, Spring 2022, 36 , 55-80)
Optimal Public Debt with Life Cycle Motives
with Erick Sager (AEJ - Macroeconomics, 2022)
Press: Business Week
Taxing Capital? The Importance of How Human Capital is Accumulated
with Adam Blandin (European Economic Review, October 2019, 119, 482-508)
A Historical Welfare Analysis of Social Security: Who Did the Program Benefit?
with Kamila Sommer (Quantitative Economics, 2019, 10, 1357-1399)
How Well Did Social Security Mitigate the Effects of the Great Recession?
with Kamila Sommer (International Economic Review, 2019, 60, 1433-1436)
Fiscal Policy and Aggregate Demand in the US Before, During and Following the Great Recession
with David Cashin, Jamie Lenney, Byron Lutz (International Tax and Public Finance, 2018, 25.6, 1519-1558)
The Distributional Effects of a Carbon Tax on Current and Future Generations
with Stephie Fried and Kevin Novan (Review of Economic Dynamics, 2018, 30, 30-46)
The Effect of Endogenous Human Capital Accumulation on Optimal Taxation
(Review of Economic Dynamics, 2016, 21, 46-71)
Reconciling Micro and Macro Estimates of the Frisch Labor Supply Elasticity
(Economic Inquiry, 2016, 54 (1), 100-120)
Determining the Motives for a Positive Optimal Tax on Capital
(Journal of Economic Dynamics and Control, 2013, 37 (1), 265-295)
Research In Progress
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