VITA
(Updated July 2010)
Summary of Research
1. Publications: Journal
Articles
Conspicuous Consumption and Race (with Kerwin Charles and Nick Roussanov), Quarterly Journal of Economics, forthcoming PDF
Data Page For Conspicuous Consumption and Race
Robustness Appendix for Conspicuous Consumption and Race PDF
The Importance of Business Owners in Assessing the Size of Precautionary Savings (with Anna Lusardi, Arthur Kennickell, and Francisco Torralba, Review of Economics and Statistics, forthcoming PDF
Online Robustness Appendix PDF
Longer (NBER Working Paper 11731) Version (titled Precautionary Savings and the Importance of Business Owners PDF
Parental Education and Parental Time With Children (with Jon Guryan and Melissa Kearney) Journal of Economic Perspectives, forthcoming, PDF
A Summary of Trends in U.S. Time Use: 1965- 2005 (with Mark Aguiar) Social Indicators Research, forthcoming PDF
Rates for Vehicle Loans: Race and Loan Source (with Kerwin Charles and Mel Stephens) American Economic Review Papers and Proceedings, 98(2), 315-20. PDF
Lifecycle Prices and Production (with Mark Aguair) American Economic Review, December 2007, 97(5), 1533-59 PDF
Measuring Trends in Leisure: The Allocation of Time Over Five Decades (with Mark Aguiar) Quarterly Journal of Economics, August 2007, 122(3), 969-1006 PDF
Social Security and Unsecured Debt (with Paul Willen) Journal of Public Finance, August 2007, 91(7-8), 1273-97 PDF
Do Welfare Asset Limits Affect Household Saving? Evidence from Welfare Reform (with Jim Ziliak). Journal of Human Resource, Winter 2006, 41(1), 46-71. PDF
Consumption vs. Expenditure (with Mark Aguiar). Journal of Political Economy, October 2005, 113(5), 919-948. PDF
Liquidity Constraints, Household Wealth and Entrepreneurship (with Anna Lusardi). Journal of Political Economy, April 2004, 112(2), 319-347. PDF
The Correlation of Wealth Across Generations (with Kerwin Charles). Journal of Political Economy, December 2003, 111(6), 1155-1182. PDF
Home is Where the Equity Is: Liquidity Constraints, Refinancing and Consumption (with Frank Stafford). Journal of Money, Credit and Banking, December 2004, 36(6) 985 - 1014. PDF
The Consumer Bankruptcy Decision (with Scott Fay and Michelle White). American Economic Review, June 2002, 92(3), 706-718. PDF (data for the bankruptcy paper)
The Transition to Home Ownership and the Black/White Wealth Gap (with Kerwin Charles). Review of Economics and Statistics, May 2002, 84(2), 281-297. PDF
Wealth Dynamics of American Families: 1984 - 1994 (with Ming Ching Luoh and Frank Stafford): Brookings Papers on Economic Activity 1: 1998. PDF
An Empirical Estimation of SS-Rules (with Christopher Foote and John Leahy). American Economic Review Papers and Proceedings, May 2000, 90(2), 116-119.
2.
Publications: Book Entries and
Conference Volumes
The Increase in Leisure Inequality: 1965 - 2005 (with Mark Aguiar) The Amreican Enterprise Institute for Public Policy Research, Washington, DC (2009). PDF
Understanding Consumption in Retirement: Recent Developments, in Recalibrating Retirement Spending and Saving (eds. John Americks and Olivia Mitchell) (2007) PDF
Slightly updated NBER version of the paper entitled "The Retirement of a Consumption Puzzle" PDF
The Permanent Income Hypothesis, New Palgrave Dictionary of Economics, 2nd Edition (With Mark Aguiar) (Version: April 2006) PDF
Liquidity Constraints and Entrepreneurship, Household Wealth, Parental Wealth, adn the Transition In and Out of Entrepreneurship (with Anna Lusardi), in "Overcoming Barriers to Entrepreneurship in the United States" ed. Diana Furchtogott-Roth, Lexington Books, 2008. PDF
3. Working Papers
Deconstructing Lifecycle Expenditure (with Mark Aguiar) (Version: June 2009 ) PDF (revise and resubmit requested to Journal of Political Economy).
Robustness Appendix for "Decontructing Lifecycle Expenditure" PDF
Data page for "Deconstructing Lifecycle Expenditure" can be found here
Endogenous Gentrification and Housing Price Dynamics (with Veronica Guerrieri and Dan Hartley) (Version: July 2010) PDF
Online Robustness Appendix for "Endogneous Gentrification and Housing Price Dynamics" PDF
Data page for "Endogenous Gentrification and Housing Price Dynamics" can be found here
Using Expenditures To Estimate Business Owner Missing Income (with Geng Li and Ben Pugsley) (Version: July 2010)
The Non Pecuniary Benefits of Small Business Ownership (with Ben Pugsley) (Version: July 2010) PDF (coming soon)
Parental Wealth and Marriage (with Kerwin Charles and Alexandra Killewald) (Version: July 2010) PDF (coming soon)
Grasshoppers, Ants and Pre-Retirement Wealth: A Test of Permanent Income Consumers. (Version: March 2006) PDF (NBER Working Paper #10098)
4.
Work
in
Progress (This work is in prelminary stages. If PDF exists, do
not cite. Titles are Tentative)
Reginal Migration, The Aging of the Population, and The Persistence of Unemployment (with Kerwin Charles and Laura Pilossoph)
Labor Market Barriers and Economic Growth (with Chang-Tai Hsieh, Chad Jones, and Pete Klenow)
Income Effects, Substitution Effects and Long Run Trends in Time Use (with Mark Aguiar and Chang-Tai Hsieh)
The Welfare Cost of Home Mortgate Default: Evidence from Micro Data (with Mark Aguiar)