Articles in Refereed Journals

"The Unemployment‐Risk Channel in Business‐Cycle Fluctuations." (joint with Jeppe Druedahl, Karl Harmenberg, and Erik Öberg). International Economic Review (2025).

"Fiscal multipliers: A heterogeneous-agent perspective" (joint with Per Krusell, and Erik Oeberg). Quantitative Economics, 14, Issue 3, 2023, 799-816.

"Macroeconomic dynamics with rigid contracts" (joint with Karl Harmenberg, Per Krusell, and Erik Oeberg). American Economic Review: Insights, 5, Issue 1, 2023, 55-72.

"Forecaster (Mis-) behavior" (joint with Alexandre Kohlhas). Review of Economics and Statistics, 2022, 1-45.

"On the possibility of Krusell-Smith equilibria" (joint with Alexandre Kohlhas, Kurt Mitman, and Kathrin Schlafmann). Journal of Economic Dynamics and Control, Volume 141, 2022, 104391.

"Risk Sharing in Village Economies Revisited" (joint with Tessa Bold). Journal of the European Economic Association, Volume 19, Issue 6, December 2021, 3207–3248.

"Collateralization and asset price bubbles when investors disagree about risk" (joint with Afroditi Kero). Journal of Banking and Finance, Volume m128, 2021, 106137.

"The New Keynesian transmission mechanism: a heterogeneous agent perspective" (joint with Niels-Jakob Harbo Hansen, Per Krusell, and Erik Öberg). Review of Economic Studies, Volume 87, Issue 1, 2020, 77-101.

"Securitization bubbles: Structured finance with disagreement about default risk" . Journal of Financial Economics Volume 127, Issue 3, March 2018, 505-518.

"The home bias of the poor: foreign asset portfolios across the wealth distribution."
European Economic Review, Volume 92, February 2017, Pages 74-91.

"Consumption risk sharing with private information and limited enforcement."
Review of Economic Dynamics, Volume 23, January 2017, Pages 170-190.

"Domestic or global imbalances? Rising inequality and the fall in the US current account."
Journal of Monetary Economics, Volume 64, May 2014, Pages 47-67.

"The wrong shape of insurance? What cross-sectional distributions tell us about models of consumption smoothing."
American Economic Journal: Macroeconomics, Volume 5, 2013, Pages 107-140.

"Crowding out and crowding in: When does redistribution improve risk-sharing in limited commitment economies?"
Journal of Economic Theory, Volume 146, Issue 3, May 2011, Pages 957-975.

"Emerging Market Lending: Is moral hazard endogenous?". Journal of Economic Development Vol. 32, No. 2, December 2007.

"Recent movements in the Peso exchange rate: What does UIP tell us?" (in Spanish), Economía Chilena, December 2004.

Working Papers

"Consumption insurance over the business cycle". April 2024

"The curious incidence of shocks along the income distribution" (joint with John Kramer and Kurt Mitman). March 2021

"Information and Wealth Heterogeneity in the Macroeconomy" (joint with Alex Kohlhas, Kurt Mitman and Kathrin Schlafmann). September 2025

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