Collections - Slides

Capital Allocation 

The Macroeconomics of Partial Irreversibility, by Issac Baley and Andres Blanco (Working Paper 2023) 

Constrained-Efficient Capital Reallocation, by Andrea Lanteri and Adriano Rampini  (AER 2023)

Aggregate Dynamics in Lumpy Economies, by Issac Baley and Andres Blanco (ECTA 2021) 

Lumpy Investment, Business Cycles, and Stimulus Policy, by Thomas Winberry (AER 2021) 

Financial Frictions

Macroprudential Policy with Earnings-Based Borrowing Constraints, by Thomas Drechsel and Seho Kim (JME 2024)

Earnings-Based Borrowing Constraints and Macroeconomic Fluctuations, by Thomas Drechsel (AEJMacro 2023)

Anatomy of Corporate Borrowing Constraints, by Chen Lian and Yueran Ma (QJE 2020)

Monetary Economics

Firm Uncertainty Cycles and the Propagation of Nominal Shocks, by Issac Baley and Andres Blanco (AEJMacro 2021)

High-Frequency Identification of Monetary Non-Neutrality: The Information Effect, by Emi Nakamura and Jón Steinsson (QJE 2018)