I am working on topics in macroeconomics, mainly business cycles and growth. Recently I have worked on the effects of inventories on employment fluctuations, the effect of vintage capital in economies with labor market frictions, and the impact of education on capital accumulation.
“The Replacement Problem in Frictional Economies: An “Equivalence Result,” (joint with P. Krusell and G.L Violante). Journal of the European Economic Association 3 (2005), 1007-57.
“The Effects of Technical Change on Labor Market Inequalities,” (joint with P. Krusell and G.L Violante). In P. Aghion and S.N. Durlauf (eds.), Handbook of Economic Growth 1B, Amsterdam: Elsevier (2005), 1275-1370.
“Should a Monetary Policy Maker Look at Money?” (joint with M. Dotsey). Journal of Monetary Economics 50 (2003), 547-579.
“The Role of Real Wages, Productivity, and Fiscal Policy in Germany's Great Depression 1928-1937,” (joint with J. Fisher). Review of Economic Dynamics 5 (2002), 100-127.
“(S,s) Inventory Policies in General Equilibrium,” (joint with J. Fisher). Review of Economic Studies 67 (2000), 117-145.
“Intermediate Inputs and Sectoral Comovement in the Business Cycle,” (joint with J. Praschnik). Journal of Monetary Economics 40 (1997), 573-595.
“Can Technology Improvements Cause Productivity Slowdowns?” (joint with P. Krusell). In B. Bernanke and J. Rotemberg (eds.), NBER Macroeconomics Annual 1996, Cambridge MA: MIT Press (1996), 209-59.
“Monopolistic Competition, Increasing Returns to Scale, and the Importance of Productivity Shocks.” Journal of Monetary Economics 31 (1993), 299-316.
“The Firm and the Plant in General Equilibrium,” (joint with E.C. Prescott). In Becker et al (eds.), General Equilibrium, Growth and Trade II, San Diego: Academic Press (1993), 393-410.
“Insurance Contracts as Commodities: A Note,” (joint with E. C. Prescott). Review of Economic Studies 58 (1991), 917-928.
“Vintage Capital in Frictional Labor Markets,” (joint with P. Krusell and G.L. Violante)
“Frictional Wage Dispersion: A Puzzle?” (joint with P. Krusell and G.L. Violante)
“Productivity, Employment, and Inventories,” (joint with P. Sarte and Y. Chang)
Diplom, Universitaet Konstanz, 1984
Ph.D., University of Minnesota, 1991
Kartik AthreyaHuberto M. EnnisBorys GrochulskiJuan Carlos HatchondoRobert L. HetzelThomas M. HumphreyArantxa JarqueJeffrey M. LackerThomas A. LubikLeonardo MartinezYash P. MehraRaymond E. OwensEdward Simpson PrescottPierre-Daniel G. SarteJohn R. WalterRoy H. WebbJohn A. WeinbergAlexander L. Wolman
