Publications in Refereed Journals


“Rational Opacity,” with Cyril Monnet, Review of Financial Studies, forthcoming. (Working Paper version)

“Limited Disclosure and Hidden Trades in Asset Markets,” with Cyril Monnet, Journal of Financial Economics, forthcoming. (Working Paper version, Matlab script for numerical example)

“On the Nature of Self-Assessed Prices,” with Morris Davis, Real Estate Economics, forthcoming. (Working Paper version)

“Leverage and the Foreclosure Crisis,” with Dean Corbae, Journal of Political Economy, 123, 2015, pp. 1-65. (Working Paper version, Replication Archive)

“Efficient Contract Enforcement,” with Cyril Monnet and Thorsten Koeppl, Economic Theory, 55, 2014, pp. 161-183. (Working Paper version)

“On Existence in Equilibrium Models with Endogenous Default,” Journal of Mathematical Economics, 49, 2013, pp. 418–421.  (Working Paper version)

“More Punishment, Less Default?,Annals of Finance, 8(4), 2012, pp. 427-454. (Working Paper version)

“Financial Crises and Labor Market Turbulence,” with Sangeeta Pratap, Journal of Monetary Economics 58, 2011, pp. 601-615. Science Direct (Working Paper version, Computational and data appendix, Trade balance without interest shocks)

“Limited Enforcement, Financial Intermediation and Economic Development: A Quantitative Assessment,” with Pedro Amaral, International Economic Review, 51, 2010, pp. 785–811. Wiley (C code for computing the equilibria reported in the paper)

“Contract Enforcement and the Size of the Informal Economy,” Economic Theory 37, 2008, pp. 395–416. Paper at Economic Theory

“Limited Enforcement and the Organization of Production,” Journal of Macroeconomics 30, 2008, pp. 1222–45. Science Direct

“Factor Utilization and the Real Impact of Financial Crises,” with Felipe Meza, Advances in Macroeconomics, Berkeley Journals, 7(1), 2007, Article 33. (computational appendix) Paper at BE press

“Why Do Financial Systems Differ? History Matters,” with Cyril Monnet, Journal of Monetary Economics 54 (4), May 2007, 1002-17. Science Direct

“A Competitive Model of the Informal Sector,” with Pedro Amaral, Journal of Monetary Economics 53 (7), October 2006, 1541–53. (technical appendix) Science Direct

“Are Labor Markets Segmented in Developing Countries? A Semiparametric Approach,” with Sangeeta Pratap, European Economic Review, 50(7), October 2006, 1817–41. (Results for employees with one occupation) Science Direct 

“Optimal Contracts in a Dynamic Costly State Verification Model,” with Cyril Monnet, Economic Theory, 26 (4), November 2005, 867-85. Paper at Economic Theory

“Growing Old Together: Firm Survival and Employee Turnover,” with John J. Stevens, Topics in Macroeconomic, Berkeley Journals, 5 (1), 2005, Article 21. Paper at BE press