Previous Publications and Policy Papers
- Consumption, Credit, and the Missing Young (with
Daniel Cooper and Olga Gorbachev). Journal of Money, Credit and Banking 55:2-3 (2023).
- The Mitigating Effect of Masks on the Spread of COVID-19 (with
Daniel Cooper, Vaishali Garga, and Jenny Tang). Economics & Human Biology 48 (2023).
-
Monetary Policy and Regional House-Price Appreciation
(with Daniel Cooper and Giovanni Olivei).
International Journal of Central Banking 18:3 (2022) 173-228.
- Population Aging and the US Labor Force Participation Rate (with
Daniel Cooper, Christopher Foote, and Giovanni Olivei) Federal Reserve Bank of Boston Current Policy Perspectives (December 2021).
- COVID-19 and the Labor Market Outcomes for Prime-Aged Women. Federal Reserve Bank of Boston Current Policy Perspectives (April 2021).
- Selective Bargain Hunting. A Concise Test of Rational Consumer Search (with
Chloe Lee, Wen Long, and Bent Sorensen). Economic Inquiry 59 (2021) 1089-1105.
Appendix
-
The Local Aggregate Effect of Minimum Wage Changes
(with Daniel Cooper and Jonathan Parker).
Journal of Money, Credit and Banking 52:1 (2020) 5-35.
- The Credit Card Debt Puzzle: The Role of Preferences, Credit Risk, and Financial Literacy (with
Olga Gorbachev).
Review of Economics and Statistics 101:2 (2019), 294-309.
-
The Rise and Fall of Consumption in the '00s. A Tangled Tale
(with Yuliya Demyanyk, Dmytro Hryshko and Bent Sorensen). Economica 86:343 (2019), 495-531.
-
Sectoral Inflation and the Phillips Curve: What Has Changed since the Great Recession?
(with Nikhil Rao and Viacheslav Sheremirov). Economics Letters 172 (2018) 63-68.
Current Policy Perspectives version
-
Household Formation Over Time: Evidence from Two Cohorts of Young Adults
(with Daniel Cooper).
Journal of Housing Economics 41 (2018), 106-123.
-
Moving to a Job: The Role of Home Equity, Debt, and Access to Credit
(with Y. Demyanyk, D. Hryshko and B. Sorensen).
AEJ: Macroeconomics 9(2) (2017), 149-181.
-
House Price Growth when Children are Teenagers: A Path to Higher
Earnings?
(with Daniel Cooper).
Journal of Urban Economics 86 (2015) 54-72.
-
Labor Market Exit and Re-Entry: Is the United States Poised for a Rebound in the Labor Force Participation Rate?
(with Daniel Cooper). Federal Reserve Bank of Boston Current Policy Perspectives 14-2 (2014).
-
Time to Cook: Expenditure at Retirement in Spain
(with Almudena Sevilla-Sanz). The Economic Journal, volume 123, issue 569 (2013) 764-789.
-
The Effect of Education on Risky Equity Holdings
(with Dmytro Hryshko and Bent Sorensen). BE Journal of Economics Analysis & Policy (Contributions) 12(1) (2012), article 10.
-
The User Cost, Home Ownership and Housing Prices: Theory and Evidence from the US
(with Antonia Díaz). The International Encyclopedia of Housing and Home, Smith, S.J.; Elsinga, M.; Fox-O'Mahony, L.; Ong, S.E.; Wachter, S. (editors), Elsevier (2012).
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Homeownership: Economic Benefits
(with Antonia Díaz). The International Encyclopedia of Housing and Home, Smith, S.J.; Elsinga, M.; Fox-O'Mahony, L.; Ong, S.E.; Wachter, S. (editors), Elsevier (2012).
-
Childhood Determinants of Risk Aversion: The Long Shadow of Compulsory Education
(with Dmytro Hryshko and Bent Sorensen), Quantitative Economics 2:1 (2011), 37-72.
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House Prices and Risk Sharing
(with Dmytro Hryshko and Bent Sorensen), Journal of Monetary Economics 57:8 (2010), 975-987.
Appendices
-
The Wealth Distribution with Durable Goods
(with Antonia Díaz), International Economic Review 51:1 (2010), 143-170.
-
A Penny Saved is Mobility Earned: Advancing Economic Mobility Through Savings
(by Reid Cramer, Rourke O'Brien, Daniel Cooper and Maria Luengo-Prado).
A report for PEW's Economic Mobility Project (2009).
-
On the User Cost and Homeownership
(with Antonia Díaz), Review of Economic Dynamics 11:3
(2008), 584-613.
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What Can Explain Excess Smoothness and Sensitivity of State-Level Consumption?
(with Bent Sorensen), Review
of Economics and Statistics 90:1 (2008), 65-80.
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Comparative Service Consumption in Six Countries (with Kalwij, A. and S. Machin with L. Blow, M. van Deelen, F. Gardes, M. Luengo-Prado, J. Ruiz-
Castillo, J. Schmitt and C. Starzec). Services and Employment: Ex-
plaining the U.S.-European Gap, W. Salverda, R. Schettkat and M. Gregory (Eds), Princeton University Press (2007), chapter, 109-140.
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Durables, Nondurables, Down Payments and Consumption Excesses,
Journal of Monetary Economics, 53:1 (2006), 1509-1539.
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Consumption and Aggregate Constraints: International
Evidence
(with Joseph DeJuan),
Oxford Bulletin of Economics and Statistics, 68:1 (2006), 81-99.
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The Impact of Passenger Mix on Reported `Hub Premiums' in the U.S. Airline Industry
(with Darin Lee), Southern Economic Journal, 72:2 (2005), 372-394.
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Quality Competition in the U.S. Airline Industry: Are
Passengers Willing to Pay More for Additional Legroom?
(with Darin Lee), Journal of Air Transport Management, 10:6 (2004), 377-383.
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Public Education, Communities and Vouchers
(with Oscar Volij), Quarterly Review of Economics and Finance,
43:1 (2003), 51-73.