my picture Welcome to my homepage! I am currently Senior Economist at the Research Department of the Federal Reserve Bank of Philadelphia. Please use the menu box on the left to find my research papers, cv, contact information, teaching materials, and some useful information on the computational method for macroeconomics. Enjoy!

More Information About Me


May 20, 2015: A new FRB Philadelphia Business Review article "The Redistributive Consequences of Monetary Policy" is published.
January 6, 2015: A new paper "Medical Expenses and Saving in Retirement: The Case of U.S. and Sweden" (joint with Irina Telyukova) is posted.
October 20, 2014: A new working paper, "Credit, Bankruptcy, and Aggregate Fluctuations" (joint with Jose-Victor Rios-Rull) is posted. The paper is also available as NBER working paper No. 20617.
October 2, 2014: I discussed a paper by Aizawa and Fang in Employment and Social Insurance Conference at Atlanta Fed.
September 8, 2014: Updated version of "Reverse Mortgage Loans: A Quantitative Analysis" (joint with Irina Telyukova) is posted.
June 25, 2014: Updated version of "Worker Flows and Job Flows: A Quantitative Investigation" (joint with Shigeru Fujita) is posted.