Selected Publications

"Mortgage Debt, Consumption, and Illiquid Housing Markets in the Great Recession"
with Aaron Hedlund
American Economic Review, June 2020, Vol. 110, No. 6, pp. 1603-34
Working Paper
https://doi.org/DOI: 10.1257/aer.20170772

"A Model of Price Swings in the Housing Market"
with Rodolfo E. Manuelli and  Adrian Peralta-Alva
American Economic Review, June 2019
Working Paper
Online Appendix
https://doi.org/10.1257/aer.20140193

"Mortgages and Monetary Policy"
with  Finn E. Kydland and  Roman Šustek
Review of Financial Studies, October 2017, Vol. 30, pp. 3337-3375
Working Paper
https://doi.org/10.1093/rfs/hhx043

"Housing Policy and the Progressivity of Income Taxation"
with  Matthew S. Chambers and  Don Schlagenhauf
ICFAI Journal of Monetary Economics, November 2009, Vol. 56, No. 8, pp. 1116-34
Working Paper
https://doi.org/10.1016/j.jmoneco.2009.10.007

"Accounting for Changes in the Homeownership Rate"
with  Matthew S. Chambers and  Don Schlagenhauf
International Economic Review, August 2009, Vol. 50, No. 3, pp. 677-726
Working Paper
https://doi.org/10.1111/j.1468-2354.2009.00544.x

"The loan structure and housing tenure decisions in an equilibrium model of mortgage choice"
with  Matthew S. Chambers and  Don Schlagenhauf
Review of Economic Dynamics, July 2009, Vol. 12, No. 3, pp. 444-468
Working Paper
https://doi.org/10.1016/j.red.2009.01.003