My research focuses on applied macroeconomics,  macro development, and monetary economics. 

I am an Assistant Professor of Economics at Penn State.

I received my Ph.D. in Economics from the University of Chicago in 2018, and I was a Visiting Scholar at the Federal Reserve Bank of Minneapolis in 2018-19.



Google Scholar: [ Link ]

Working Papers

Published and Forthcoming

Product Life Cycle, Learning, and Nominal Shocks 

with Chen Yeh

Review of Economic Studies, accepted

Measuring the Cost of Living in Mexico and the US 

with Chang-Tai Hsieh and Munseob Lee

American Economic Journal: Macroeconomics, conditionally accepted

Cash: A Blessing or a Curse 

with Fernando AlvarezFrancesco Lippi, and Rafael Jiménez

Journal of Monetary Economics, forthcoming


The Cost of Privacy: Welfare Effects of the Disclosure of COVID-19 Cases 

with Chang-Tai Hsieh and Munseob Lee

Review of Economics and Statistics, forthcoming


A Simple Planning Problem for COVID-19 Lockdown, Testing and Tracing 

with Fernando Alvarez and Francesco Lippi

American Economic Review: Insights, 2021

Cash-Management in Times of COVID-19 

with Fernando Alvarez

B.E. Journal of Macroeconomics, 2021


Cost of Living Inequality during the Great Recession 

with Munseob Lee

Journal of European Economic Association, 2021


Innovation and Product Reallocation in the Great Recession 

with Munseob Lee and Sara Moreira

Journal of Monetary Economics, 2018

Clientelistic Capacity and the Politics of Enrollment in Mexico’s Seguro Popular

with José A. Hernández Company

Latin American Policy, 2018


The Price of Fringe Benefits When Formal and Informal Labor Markets Coexist 

with Jorge Garcia

IZA Journal of Labor Economics, 2015

Work in Progress

Strategic Complementarities in a Dynamic Model of Technology Adoption

with Fernando Alvarez, Esteban Mendez-Chacon, and Diana Van Patten

Price Setting During a Currency Changeover

with Fernando Alvarez and Francesco Lippi


How Illiquid are Illiquid Assets?

with Corina Boar, Elisa Giannone, Federico Kochen, and Donggyu Lee