Research

Publications

 “Persistent Gaps and Default Traps”

Joint with Luis Catão and Sandeep Kapur.
Forthcoming Journal of Development Economics. 2008 Abstract view
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“Leverage Cycles and The Anxious Economy.”

Joint with John Geanakoplos
Lead article American Economic Review 2008, 98:4, 1211-1244. Abstract view
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“Latin America’s Access to International Capital Markets: Good behavior or Global Liquidity?”

Joint with Graciela Kaminsky.
In Kevin Cowan, Sebastian Edwards, and Rodrigo Valdes (eds) Current Account and External Financing, Central Bank of Chile, 2007.
Also available as NBER Working Paper 13194. Abstract view
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“Collateral Restrictions and Liquidity Under Supply: A Simple Model”.

Joint with John Geanakoplos.
Economic Theory 2008 35:441-467.
Also available as Cowles Foundation Discussion Paper 1468R. Abstract view
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“Two New Proofs of Afriat’s Theorem”.

Joint with Herbert Scarf and Michael Todd.
Economic Theory Vol. 24, 1. 211-219.
Also available as Cowles Foundation Discussion Paper 1415. Abstract view
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