Research

Publications

  • Optimal Unemployment Insurance and Employment History,  joint with Juan Pablo Nicolini, Review of Economic Studies. 2009. 
  • Deregulation with Consensus,  joint with Sandro Brusco.  Economic Theory, 2007.    
  • Rewarding Sequential Innovators: Prizes, Patents and Buyouts,  joint with Gerard Llobet and Matthew Mitchell, Journal of Political Economy, December 2006.    
  • A theory of financing constraints and firm dynamics,  joint with Gian Luca Clementi,. Quarterly  Journal of Economics, 2006
  • Market size matters, joint with Jeffrey Campbell. The Journal of Industrial Economics, 53: 1–25. 
  • Optimal Lending Contracts and Firm Dynamics,”joint with Rui Albuquerque.  Review of Economic Studies, April 2004.
  • Tacit collusion in repeated auctions, joint with Andrzej Skrzypacz.  Journal of Economic Theory, Volume 114, Issue 1, January 2004, Pages 153-169
  • Innovation Variety and Patent Breadth,  joint with Matthew Mitchell,  Rand Journal of Economics, vol. 32, No. 1, Spring 2001. 
  • Entry Restrictions and the Determination of Quality, joint with Walter Garcia-Fontes. Spanish Economic Review, vol 2 issue 2(2000.) 
  • Delegation and the Regulation of Risk, joint with S. Lohmann.  Games and Economic Behavior, May 1998.
  • Nash bargaining with downward rigid wages, joint with A. Cabrales, Economic Letters 57(1997).
  • Optimal Unemployment Insurance, joint with Juan Pablo Nicolini.  Journal of Political Economy,  April 1997. 
  • Labor Market Flexibility and Aggregate Employment Volatility, joint with Antonio Cabrales,  Carnegie-Rochester Conference Series on Public Policy, 46:189-228(1997). 
  • Flexibilización y empleo,  joint with Walter García-Fontes,  Moneda y Crédito, No. 201 (1996)                
  • Unemployment insurance with moral hazard in a dynamic economy: a comment, Carnegie-Rochester Conference Series on Public Policy 44 (1996) 
  • Policy Variablity and Economic Growth, joint with Maria E. Muniagurria. Review of Economic Studies, October 1996.
  • Information, Liquidity and Asset Trading in a Random Matching Game, joint with Ingrid Werner.  Journal of Economic Theory, vol 68, No. 2, February 1996.
  • Fire-Alarm" Signals and the Political Oversight of Regulatory Agencies,  joint with S. Lohmann. Journal of Law, Economics and Organization, 1995. 
  • Job Turnover and Policy Evaluation: A General Equilibrium Analysis, joint with Richard Rogerson. Journal of Political Economy, Vol. 101, No. 5 (Oct., 1993), pp. 915-938
  • Stochastic Monotonicity and Stationary Distributions for Dynamic Economies," joint with Edward C. Prescott, Econometrica, 1992.    
  • Entry and Exit in Long Run Equilibria, Econometrica, vol. 60, NO. 5, Sept 1992.  
  • Exit, Selection and the Value of Firms, Journal of Economic Dynamics and Control, 16(1992).    
  • Vintage Human Capital, Growth, and the Diffusion of New Technology, joint with V. V.  Journal of Political Economy, Vol. 99, No. 6 (Dec., 1991), pp. 1142-1165

Working Papers