Department of Finance
The Wharton School of the University of Pennsylvania
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WORK IN PROGRESS
IKEA: Products, Pricing, and Pass-through
," with Marianne Baxter, Federal Reserve Bank of Dallas’ Globalization and Monetary Policy Institute Working Paper no. 132. November 2012.
"Accounting for Real Exchange Rates using Micro-Data
," with Mario Crucini, NBER Working Paper no. 17812 and Federal Reserve Bank of Dallas’ Globalization and Monetary Policy Institute Working Paper no. 108. January 2012. Submitted for publication.
Capital-Goods Imports, Investment-Specific Productivity, and U.S. Growth
," with Michele Cavallo. October 2009.
"On What States do Prices Depend? Evidence from micro-prices in Ecuador," with Craig Benedict and Mario Crucini. In progress.
Borders and Big Macs
vol. 120, pp. 318-322, August 2013
Economic Rebounds in U.S. and Euro Zone: Deceivingly Similar, Strikingly Different
," with Carlos Zarazaga, Economic Letter, Federal Reserve Bank of Dallas, vol.7(3), February 2012
How the U.S. Tax System Stacks Up against other G-7 Economies
," Economic Letter, Federal Reserve Bank of Dallas, vol. 6(12), November 2011
The Globalization of Ideas
," Economic Letter, Federal Reserve Bank of Dallas, vol. 5(11), November 2010
State-Dependent Pricing, Local-Currency Pricing, and Exchange Rate Pass-Through
Journal of Economic Dynamics and Control
vol. 34(10), pp. 1859-1871, October 2010
The Quantitative Role of Capital-Goods Imports in U.S. Growth
," with Michele Cavallo,
American Economic Review, Papers and Proceedings
vol. 100(2), pp. 78-82, May 2010
Expectations and Exchange Rate Dynamics: a State-Dependent Pricing Approach
Journal of International Economics
vol. 78(1), pp. 60-71, June 2009
The Big Mac: a Global-to-Local look at Pricing
," Economic Letter, Federal Reserve Bank of Dallas, vol. 3(9), September 2008