Research

Click on title to read full abstract

Survey data about the determinants of firm-level investment decisions shows that aggregate fluctuations in investment and output are mainly driven by aggregate demand shocks.
May 2018

A model with convex capital adjustment costs and rational inattention provides a microfounded explanation for the hump-shaped response of aggregate investment to shocks.
February 2018

The composition of aggregate investment shifts towards capacity increases during booms, which exhibit relatively stronger lumpiness at the firm level than replacement and rationalization investment.
November 2016

Teaching

Undergraduate:

  • Topics in Empirical Macroeconomics Summer 2018
  • Unconventional Monetary Policy, Winter 2017

Graduate:

  • Topics in Monetary Economics, Winters 2017-2018

Contact