Papers

JOURNAL PUBLICATIONS

  • Re-use of Collateral: Leverage, Volatility, and Welfare (with Michael Grill, Felix Kubler, and Karl Schmedders), Review of Economic Dynamics, Volume 47, 19-46, January 2023 [journal link, working paper]
  • Are Deficits Free? (with Xiangyu Feng, Laurence Kotlikoff and Felix Kubler), Journal of Public Economics, Volume 208, April 2022 [paper]
  • Global Value Chain Participation and Current Account Imbalances (with Georgios Georgiadis, Johannes Gräb, and Fabian Trottner), Journal of International Money and Finance, Volume 97, 111-124, October 2019 [journal link, working paper]
  • Using Adaptive Sparse Grids to Solve High-Dimensional Dynamic Models (with Simon Scheidegger), Econometrica, Volume 85(5), 1575-1612, September 2017 [paper, ssrn link]
  • Recursive Equilibria in Dynamic Economies with Stochastic Production (with Dominika Kryczka and Felix Kubler), Econometrica, Volume 85(5), 1467-1499, September 2017 [paper]
  • Reform Support in Times of Crisis: The Role of Family Ties (with Elias Brumm), Economic Inquiry, Volume 55(3), 1416-1429, July 2017 [journal link, working paper, online appendix]
  • Scalable High-Dimensional Dynamic Stochastic Economic Modeling (with Dmitry Mikushin, Simon Scheidegger, and Olaf Schenk), Journal of Computational Science,Volume 11, 12–25​, November 2015 [journal link, working paper]
  • Margin Regulation and Volatility (with Michael Grill, Felix Kubler, and Karl Schmedders), Journal of Monetary Economics, Volume 75, 54-68, October 2015 [journal link, working paper]
  • Collateral Requirements and Asset Prices (with Michael Grill, Felix Kubler, and Karl Schmedders), International Economic Review,Volume 56(1), 1-25, February 2015 [journal link, ssrn link to working paper]
  • Computing Equilibria in Dynamic Models with Occasionally Binding Constraints (with Michael Grill), Journal of Economic Dynamics and Control, Volume 38, 142-160, January 2014 [journal link, working paper]

OTHER PUBLICATIONS

  • Computing Equilibria in Dynamic Stochastic Macro-Models with Heterogeneous Agents (with Felix Kubler and Simon Scheidegger), Advances in Economics and Econometrics: Theory and Applications (Eleventh World Congress), November 2017
  • Leveraging Posterity’s Prosperity? (with Laurence Kotlikoff and Felix Kubler), AEA Papers and Proceedings, 110, 152-156, May 2020

WORKING PAPERS

  • When Interest Rates Go Low, Should Public Debt Go High? (with Xiangyu Feng, Laurence Kotlikoff and Felix Kubler) [working paper]
  • Sparse grids for dynamic economic models (with Christopher Krause, Andreas Schaab, and Simon Scheidegger), invited review for the Oxford Research Encyclopedia of Economics and Finance [ssrn link, Code]
  • Entrepreneurial Risk, Collateral Constraints and Macroeconomic Fluctuations [ssrn link]
  • Applying Negishi’s method to stochastic models with overlapping generations (with Felix Kubler) [working paper]