Seminarios

Paper: Welfare Multipliers Abstract: Transfers have become policymakers’ preferred fiscal stabilization tool, far ahead of government purchases. We compare these two policies in a range of New...

Paper: Dynamic Stochastic Dominance Abstract: This paper extends the notion of stochastic dominance to dynamic environments. Our main result is a characterization of the dominance orders...

Paper: Dodging Day Zero: Drought, Adaptation, and Inequality in Cape Town  

Paper: “Identification of Global and Local Drivers of Financial Conditions”

Paper: McCarthyism, Media, and Political Repression: Evidence from Hollywood Abstract: We study a far-reaching episode of demagoguery in American history. From the late 1940s to 1950s, anti-communist...

Paper: Sectoral Phillips Curves: The Role of Expectations and Production Networks in Price Setting.  

Paper: Escape Clauses for Escaping Default