Working Papers

[Preliminary] The Macroeconomic Effect of Stimulus Checks: Evidence from Postwar Veterans’ Payments (with Jonathon Hazell, Diego R. Känzig, Ed Manuel)
June 2026

Monetary Policy without Redistributive Concerns (with David Baqaee and Ariel Burstein)
May 2026

An Approximate General Theory of Second Best (with David Baqaee and Ariel Burstein)
May 2026

Regulating Artificial Intelligence (with Sergio Rebelo and Pedro Teles)
May 2026 – Submitted
NBER-WP Media: Kellogg Insight X Thread

Ricardian Non-Equivalence (with Martin Eichenbaum and Jana Obradović)
January 2026

From RANK to HANK, without FIRE (with George-Marios Angeletos and Dalton Rongxuan Zhang)
December 2025 – Prepared for the 13th World Congress of the Econometric Society.

Foreign Residents and the Future of Global Cities (with Sergio Rebelo, Pedro Teles, and Miguel Godinho de Matos)
November 2025 – Reject & Resubmit at QJE
NBER-WP Media: Kellogg Insight X Thread

Unemployment Insurance in Macroeconomic Stabilization with Imperfect Expectations (with Bence Bardóczy)
February 2024

Belief Disagreement and Business Cycles
February 2023