Research

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Published and Accepted Papers

Peer Effects in Consumption: The Role of Information

with Francesco D'Acunto and Alberto Rossi  
Journal of Financial Economics, accepted for publication
Other Versions: CES-ifo, BFI
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non-refereed publications


Working Papers


Nominal Rigidities and Asset Pricing

Winner of the Top Finance Graduate Award
UBS Best Conference Paper Prize at the EFA Annual Meeting 2014
2014 EFA Best Doctoral Student Conference Paper Prize
Best Finance PhD Award in Honor of Prof. Greenbaum (Finalist)
Cubist Systematic Strategies PhD Candidate Award for Outstanding Research
Best PhD Student Paper Award, FMA European Conference 2014
Revise and resubmit, Journal of Political Economy
Other versions: SSRN
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Monetary Policy through Production Networks: Evidence from the Stock Market

with Ali Ozdagli
Other versions: SSRN, NBER, CES-ifo, BFI 
Revise and resubmit, Review of Financial Studies
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Climate Change and Individual Behavior

with Rene Bernard and Panagiota Tzamourani
Revise and resubmit, Review of Finance
Other versions: SSRN
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Beliefs and Portfolios: Causal Evidence

with Johannes Beutel 
Revise and resubmit, Journal of Finance
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Price Rigidities and Credit Risk

with Patrick AugustinLinxiao Francis Cong, and Alexandre Corhay
Revise and resubmit, Journal of Finances and Quantitative Analysis
Other Versions: SSRN
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Labor Markets During the COVID-19 Crisis: A Preliminary View

with Olivier Coibion and Yuriy Gorodnichenko 
Published as Covid Papers (2020), 21: 40-58
Other versions: IZA, NBER, CES-ifo, BFI, SSRN
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Other Publications

ChatGPT and Corporate Policies
with Baozhong Yang
Harvard Law School Forum on Corporate Governance, (August 9,2023)

 

Shaping Expectations
IMF Finance & Development, (March 1, 2023)

 

IQ, expectations, and choice 
with Daniel Hoang, Maritta Paloviita, and Francesco D'Acunto 
VoxEU, (2022)

 

Learning about inflation expectations from the data 
with Ulrike M. Malmendier and Francesco D'Acunto 
VoxEU, (2022)

 

Wie soll der Staat Klimaschutzmaßnahmen finanzieren? Eine repräsentative Befragung deutscher Haushalte 
with Francesco D'Acunto, Sascha Möhrle, Florian Neumeier, and Andreas Peichl
IFO Schnelldienst (2022), 75(5), 11-14.

 

Rising inflation is worrisome. But not for the reasons you think 
with Francesco D'Acunto
VoxEU, (2022)

 

A temporary VAT cut as unconventional fiscal policy 
with Ralph Luetticke, Georgi Kocharakov, Olga Goldfayn-Frank, Benjamin Born, and Ruediger Bachmann
VoxEU, (2021)

 

The effect of macroeconomic uncertainty on household spending 
with Geoff Kenny, Dimitris Georgarakos, Yuriy Gorodnichenko, and Olivier Coibion 
VoxEU, (2021)

 

Expected Post-Pandemic Consumption and Scarred Expectations from COVID-19 with 
with Edward S. Knotek II, Raphael S. Schoenle, Alexander M. Dietrich, Keith Kuester, Gernot J. Muller, and Kristian Ove R. Myrseth
Federal Reserve Bank of Cleveland, (2021)

 

How inflation expectations affect households’ spending decisions 
with Yuriy Gorodnichenko and Olivier Coibion 
VoxEU, (2021)

 

Political polarisation and expected economic outcomes 
with Yuriy Gorodnichenko and Olivier Coibion 
VoxEU, (2020)

 

How US consumers use their stimulus payments 
with Yuriy Gorodnichenko and Olivier Coibion 
VoxEU, (2020)

 

Consumers and COVID-19: Survey Results on Mask-Wearing Behaviors and Beliefs 
with Edward S. Knotek II, Raphael S. Schoenle, Alexander M. Dietrich, Keith Kuester, Gernot J. Muller, and Kristian Ove R. Myrseth 
Federal Reserve Bank of Cleveland, (2020)

 

Policy communication during COVID 
with Yuriy Gorodnichenko and Olivier Coibion 
VoxEU, (2020)

 

Unconventional fiscal policy to exit the COVID-19 crisis 
with Daniel Hoang and Francesco D'Acunto 
VoxEU, (2020)

 

The cost of the COVID-19 crisis: Lockdowns, macroeconomic expectations, and consumer spending 
with Yuriy Gorodnichenko and Olivier Coibion
VoxEU, (2020)

 

Consumers and COVID-19: A Real-Time Survey 
with Edward S. Knotek II, Raphael S. Schoenle, Alexander M. Dietrich, Keith Kuester, Gernot J. Muller, and Kristian Ove R. Myrseth 
Federal Reserve Bank of Cleveland, (2020)

 

Labour markets during the Covid-19 crisis: A preliminary view 
with Yuriy Gorodnichenko and Olivier Coibion
VoxEU, (2020)

 

Exposure to frequent price changes shapes inflation expectations 
with Ulrike M. Malmendier and Francesco D'Acunto
VoxEU, (2019)

 

Monetary policy communications and their effects on household inflation expectations 
with Yuriy Gorodnichenko and Olivier Coibion
VoxEU, (2019)

 

Predictable movements in asset prices around FOMC meetings 
with Andreas Neuhierl
VoxEU, (2018)

 

The Information Content of Dividends: Safer Profits, Not Higher Profits
with Roni Michaely and Stefano Rossi
Harvard Law School Forum on Corporate Governance (December 24, 2017)

 

The Effect of Unconventional Fiscal Policy on Consumption Expenditure
with Francesco D'Acunto and Daniel Hoang 
ifo DICE Report (2017), 15(1): 9-11. 
Other Versions: CES-ifoBFISSRN
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Fighting deflation with unconventional fiscal policy 
with Daniel Hoang and Francesco D'Acunto
VoxEU, (2015)

 

Inflation expectations spur consumption 
With Daniel Hoang and Francesco D'Acunto
VoxEU, (2015)

 

Distrust in finance lingers: Jewish persecution and investments
With Marcel Procopczuk and Francesco D'Acunto
VoxEU, (2015)