WORKING PAPERS AND WORK IN PROGRESS
Accounting for the changes in household composition, with Qian Li and Junshan Zhou
The evolution of income and wealth inequality in China, with Yan Wang
Educational Attainment and Timing of Fertility Decisions (2000)
PUBLICATIONS
Preemptive austerity with rollover risk, with Timothy J. Kehoe
Journal of International Economics 150, 103914, 2024
Replication files can be found here: https://data.mendeley.com/datasets/ghj2df5pws/2
The cost of trade disruptions at different stages of development, with M. Delventhal, P. Pujolas and G. Raveendranathan
International Economic Review 65, 1133-1161, 2024
Workers' income risk and the evolution of income inequality in China, with Yan Wang
Economics Letters 234, 111478, 2024
A quantitative evaluation of Universal Basic Income, with Bo Li and Qian Li
Journal of Public Economics 223, 104881, 2023
Las crisis de refinanciación en los mercados de deuda soberana, with Timothy J. Kehoe
Cuadernos Económicos de ICE 103, 43-67, 2022
The role of demographics and migration for the future of economic growth in China, with Yan Wang
European Economic Review 144, 104076, 2022
Welfare implications of switching to consumption taxation, with Bo Li and Qian Li
Journal of Economic Dynamics and Control 120, 103991, 2020
Implications of increasing college attainment for aging in general equilibrium, with T.J. Kehoe, V.M. Nygaard, and G. Raveendranathan
European Economic Review 122, 103363, 2020
Capital taxes and redistribution: The role of management time and tax deductible investment, with Begoña Dominguez
Review of Economic Dynamics 37, 156-172, 2020
The timing of optimal capital income tax reforms: The role of intangible capital investment, with Begoña Dominguez
SERIEs - Journal of the Spanish Economics Association 10, 419-438, 2019
The Canadian productivity stagnation, 2002-2014, with Pau Pujolas
Canadian Journal of Economics 52, 561-583, 2019
An appendix explaining the data used, and the Excel file with the data
An introduction to the Macroeconomics of aging, with T.J. Kehoe
The Journal of the Economics of Ageing 11, 1-5, 2018
Macroeconomic effects of Medicare, with D. Costa, P. Kamali, T.J. Kehoe, V.M. Nygaard, G. Raveendranathan, and A. Saxena
The Journal of the Economics of Ageing 11, 27-40, 2018
Gambling for redemption and self-fulfilling debt crises, with Timothy J. Kehoe
Economic Theory 64, 707-740, 2017
Productivity, Taxes and Hours Worked in Spain: 1970-2015, with Timothy J. Kehoe
SERIEs - Journal of the Spanish Economics Association 8, 201-223, 2017
The Excel file with the data and a document explaining the data
Intergenerational Policy and the Measurement of Tax Incidence, with Carlos Garriga
European Economic Review 83, 1-18, 2016
Is it too late to bail out the troubled countries in the Eurozone?, with Timothy J. Kehoe
American Economic Review: Papers and Proceedings 104, 88-93, 2014
Intangible Investment and Ramsey Capital Taxation, with Begoña Domínguez
Journal of Monetary Economics 60, 983-995, 2013
Click here for an Appendix with further discussion of the results in this paper
Intertemporal Discounting and Policy Selection, with Carlos Garriga
Federal Reserve Bank of St Louis Review 95(2), 165-180, 2013
Chronic Sovereign Debt Crises in the Eurozone, 2010-2012, with Cristina Arellano and Timothy J. Kehoe
Federal Reserve Bank of Minneapolis Economic Policy Paper, 12-4, 2012
The data, and the description of the data
A Primer on Social Security Systems and Reforms, with Craig P. Aubuchon and Carlos Garriga
Federal Reserve Bank of St Louis Review 93, 19-36, 2011
Taxing Capital? Not a Bad Idea After All!, with Sagiri Kitao and Dirk Krueger
American Economic Review 99, 25-48, 2009
Click here for an Appendix with further discussion of the results in this paper
Optimal Response to a Transitory Demographic Shock in Social Security Financing, with Carlos Garriga
Federal Reserve Bank of St Louis Review 91, 33-48, 2009
Optimal Fiscal Policy in the Design of Social Security Reforms, with Carlos Garriga
International Economic Review 49, 291-318, 2008
Optimal Response to a Transitory Demographic Shock, with Carlos Garriga
De Menil, G., R. Fenge and P. Pestieau eds., Pension Strategies in Europe and the United States, CESifo - MIT Press, 87-113, 2008
Modelling Great Depressions: The Depression in Finland in the 1990’s, with Timothy J. Kehoe and Kim J. Ruhl
Federal Reserve Bank of Minneapolis Quarterly Review 31, 16-44, 2007
Also in Kehoe T.J. and E.C. Prescott eds, Great Depressions of the Twentieth Century, Federal Reserve Bank of Minneapolis, 2007
The data of the paper, and the description of the data
On the Optimal Progressivity of the Income Tax Code, with Dirk Krueger
Journal of Monetary Economics 53, 1425-1450, 2006
The Status Quo Problem in Social Security Reform, with Carlos Garriga
Macroeconomic Dynamics 7, 691-710, 2003
Explaining Cross-Country Differences in Participation Rates and Aggregate Fluctuations, with Carlos Díaz Moreno and José Galdón Sánchez
Journal of Economic Dynamics and Control 26, 333-345, 2002
Underground Economy and Aggregate Fluctuations, with Carlos Díaz Moreno and José Galdón Sánchez
Spanish Economic Review 3, 41-53, 2001
Reforma del Sistema de Seguridad Social y Adquisición de Formación, with Carlos Garriga
Investigaciones Económicas 24, 271-295, 2000
La financiación del sistema de Seguridad Social en España: efectos dinámicos de una posible reforma, with Carlos Garriga
Hacienda Pública Española XXX, 113-126, 2000
Sistema Fiscal y Reforma de la Seguridad Social, with Carlos Garriga
Cuadernos Económicos de ICE 65, 117-132, 1999
Social Security Reform with Heterogeneous Agents, with Dirk Krueger
Review of Economic Dynamics 2, 757-795, 1999