Research:

 

Fixed Costs and Long-Lived Investments. 

February 2008.

 

Temporary Investment Tax Incentives: Theory with Evidence from Bonus Depreciation (joint with Matthew D. Shapiro)

American Economic Review, 93(3), June 2008.

 

Durable Goods and Conformity (joint work with Emre Ozdenoren)

RAND Journal of Economics, 39(2), Summer 2008.

Earlier version available as: NBER working paper # W12028.

 

Valuing Lost Home Production of Dual Earner Couples (joint with John Laitner and Dmitriy Stolyarov).

International Economic Review, 49(2), May 2008.

 

Sticky Price Models and Durable Goods (joint with Robert Barsky and Miles Kimball).

American Economic Review, 97(3), June 2007.

An earlier version circulated as “Do Flexible Durable Goods Prices Undermine Sticky Price Models?,” NBER working paper # W9832.

 

Phased-In Tax Cuts and Economic Activity (joint work with Matthew D. Shapiro).

American Economic Review, 96(5), December 2006.

Earlier version available as: NBER working paper # W10415.

 

Adverse Selection and the Financial Accelerator.

Journal of Monetary Economics 53(6), September 2006.

An earlier version circulated as “Adverse Selection and the Accelerator”.

 

An sS Model with Adverse Selection (joint with John Leahy).

Journal of Political Economy, 112(3), June 2004.

An earlier version circulated as NBER working paper # W8030.

 

Monetary Policy and Credit Market Failure.

 

Government Spending and the International Consumption Correlation Puzzle (joint work with Jon Willis).