Home‎ > ‎



"Production Complementarities and Flexibility in a Model of Entrepreneurship'' 

Journal of Monetary EconomicsVolume 86, April 2017, Pages 36–51.

Working Papers

Sovereign Default and the Choice of Maturitywith Juan M. Sanchez and Horacio Sapriza

Accepted at Journal of Monetary Economics

Who Quits Next? Firm Growth in Growing Economieswith Julieta Caunedo

Revision requested at Economic Inquiry

AIDS, Human Capital and Developmentwith Rodolfo E. Manuelli 


On Overborrowing: Trend Shocks and Capital Controlswith Hernan Seoane 


Owners' Labor Supply and Firm Dynamicswith Felix Wellschmied 


Federal Reserve Publications

"Why Are U.S. Firms Holding So Much Cash? An Exploration of Cross-Sectional Variation," with Juan M. Sanchez, Federal Reserve Bank of St. Louis Review, July/August 2013, 95(4), pp. 293-325.

"A Look at Japan's Slowdown and Its Turnaround Plan,'' with Juan M. Sanchez, The Regional Economist, January 2014.

"The Role of Total Hours Worked in Japan’s (Lack of) GDP Growth,'' with Juan M. Sanchez, Economic Synopses, 2013, No. 34.

"Why Are Corporations Holding So Much Cash?" with Juan M. Sanchez, The Regional Economist, January 2013.

"Can Repatriation Taxes Explain the Recent Increase in Cash Holdings?'' with Juan M. Sanchez, Economic Synopses, 2012, No. 35