This page contains links to my recent research.
Published Articles and Book Chapters
“A Survey of Network-Based Analysis and Systemic Risk Measurement,” Journal of Economic Interaction and Coordination, 2016.
“A Multifactor Residual Model Examining Macroeconomic Factors and Earnings Volatility,” Atlantic Economic Journal, 2015, Vol 43 (2): 229-245.
“Tax Credits for Residential Energy Efficiency: An Evaluation Using Individual Taxpayer Data,” with Molly F. Sherlock. Eastern Economic Review, 2015 (Forthcoming).
“The Predictive Power of Survey-Based Exchange Rate Forecasts: Is There a Role for Dispersion?” with Nevin Cavusoglu, Journal of Forecasting, 2015 Vol. 34(5), 337-353.
“Fiscal Policy and Business Cycle Characteristics in a Heterogeneous Agent Macro Model,” Journal of Economic Behavior and Organization, 2013, Vol. 92: 224-240.
“The ‘Poverty Trap’ and Living Wage Laws,” with Richard Toikka and Aaron Yelowitz. Economic Development Quarterly, Feb 2005, Vol. 19: 62‐79.
“A Local Earned Income Tax Credit: A Better Anti‐Poverty Policy Than Wage Mandates,” with Richard Toikka. Georgetown Public Policy Review, Winter 2002, Vol. 8(1): 29-49.
“U.S. Housing Bubble and Capital Inflows” with Akinori Tomohara, in Financial Crisis in the Global Bubble Economy, edited by Akinori Tomohara and Molly Sherlock, New York: Nova Science Publishing. 2010, 75-97.
“Growth Cycles” in Booms and Busts: An Encyclopedia of Economic History from the First Stock Market Crash of 1792 to the Current Global Economic Crisis, volume 2, 3rd edition, edited by J. Ciment. New York: M.E. Sharpe. August 2010, 329-330.
“Rethinking the Debt Burden: Going With the Flow?” with Vipul Bhatt. Keio-IES Discussion Paper Series. Keio University Institute for Economic Studies, DP2014-004, August 2014.
“The Macroeconomics of Pre-Schooling: Simulating the Effects of Universal Early Childhood Education on the U.S. Economy,” with Clive Belfield. NIIER Working Paper, March 2006.
“The Expected Lifetime Earnings of Children in the United States,” with Richard Toikka. Working Paper No. 3, Invest in Kids Working Group, July 2004.
Work in Progress and Under Review
“Business Cycle Model Selection in the Era of the Great Moderation,” 2012.
“Developments in Agent-Based Modeling and Detecting Systemic Risk,” 2014.
“The Role of Complexity in Household Debt, Consumption, and Inequality,” 2014.
“Comparing Changes in Statutory and Effective Marginal Tax Rates under Revenue-Neutral, Base-Broadening Tax Reform,” with Vipul Bhatt and Molly F. Sherlock, 2014.
Reports and Other Works
PowerPoint slides for Hubbard, R. Glenn, Anthony Patrick O’Brien, and Matthew Rafferty, “Macroeconomics.” First Edition, Pearson. 2011.
“Where the Jobs Aren’t: Local Unemployment Spreads,” Washington, DC: Employment Policies Institute, 2002.
“The Local Area Unemployment Crisis,” Washington, DC: Employment Policies Institute, 2001.
“National Good Times, Local Bad Times: The Local Area Unemployment Crisis,” Washington, DC: Employment Policies Institute, 2000.