All Publications
ZORA Publication List
Publications
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Journal Article
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2025
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The Climate in Climate Economics. Review of Economic Studies, 92(1):299-338.
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2024
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When Interest Rates Go Low, Should Public Debt Go High?. American Economic Journal: Macroeconomics, 16(4):432-469.
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Can today’s and tomorrow’s world uniformly gain from carbon taxation?. European Economic Review, 168:104819.
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Identification in general equilibrium. Journal of Mathematical Economics, 113:103017.
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2023
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Uniformly self-justified equilibria. Journal of Economic Theory, 212:105707.
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Stochastic overlapping generations with non-convex budget sets. Journal of Mathematical Economics, 107:102866.
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Efficient Calculation of all Steady States in large-scale overlapping generations models. Journal of Mathematics and Modeling in Finance, 3(1):15-48.
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Re-use of collateral: Leverage, volatility, and welfare. Review of Economic Dynamics, 47:19-46.
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2022
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Are Deficits free?. Journal of Public Economics, 208:104627.
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2021
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Pareto-Improving Carbon-Risk Taxation. Economic Policy, 36(107):551-589.
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Making Carbon Taxation a Generational Win Win. International Economic Review, 62(1):3-46.
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2020
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Incomplete market demand tests for Kreps-Porteus-Selden preferences. Journal of Economic Theory, 185:104973.
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2017
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The identification of beliefs from asset demand. Econometrica, 85(4):1219 -1238.
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What are asset demand tests of expected utility really testing?. Economic Journal, 127(601):784-808.
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Recursive equilibria in dynamic economies with stochastic production. Econometrica, 85(5):1467-1499.
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2015
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Collateral requirements and asset prices. International Economic Review, 56(1):1-25.
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Dynamic competitive economies with complete markets and collateral constraints. Review of Economic Studies, 82(3):1119-1153.
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Margin regulation and volatility. Journal of Monetary Economics, 75:54-68.
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2014
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Asset Demand Based Tests of Expected Utility Maximization. American Economic Review, 104(11):3459-3480.
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When is a Risky Asset "Urgently Needed"?. American Economic Journal: Microeconomics, 6(2):131-162.
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2013
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Inferior good and Giffen behavior for investing and borrowing. American Economic Review, 103(2):1034-1053.
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2012
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Recursive contracts, lotteries and weakly concave pareto sets. Review of Economic Dynamics, 15 (4)(10-038):479-500.
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Financial innovation and asset price volatility. American Economic Review, 102(3):147-151.
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Regulating collateral-Requirements when markets are incomplete. Journal of Economic Theory, 147(2):450-476.
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2011
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Bond ladders and optimal portfolios. Review of Financial Studies, 24(12):4123-4166.
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Verifying competitive equilibria in dynamic economies. Review of Economic Studies, 78(4):1379-1399.
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Social security and risk sharing. Journal of Economic Theory, 146(3):1078-1106.
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2010
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Solving the Multi-Country Real Business Cycle Model using a Smolyak-Collocation Method. Journal of Economic Dynamics and Control, 35(2):229-239.
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Tackling multiplicity of equilibria with Gröbner bases. Operations Research, 58(4):1037-1050.
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Uniqueness of steady states in models with overlapping generations. Journal of the European Economic Association, 8(2-3):635-644.
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Competitive equilibria in semi-algebraic economies. Journal of Economic Theory, 145(1):301-330.
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Non-parametric counterfactual analysis in dynamic general equilibrium. Economic Theory, 45(1-2):181-200.
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2007
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Approximate generalizations and computational experiments. Econometrica, 75(4):967-992.
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2006
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Pareto-Improving Social Security Reform When Financial Markets Are Incomplete!?. American Economic Review, 96(3):737-755.
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Reply to 'Asset Trading Volume in Innite-Horizon Economies with Dynamically Complete Markets and Heterogeneous Agents: Comment'. Finance Research Letters, 3(2):102-105.
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2005
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Comment on William C. Brainard and Herbert E. Scarf's "How to Compute Equilibrium Prices in 1891". American Journal of Economics and Sociology, 64(1):85-87.
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2004
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Is intertemporal choice theory testable?. Journal of Mathematical Economics, 40(1-2):177-189.
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Testable implications of general equilibrium theory: A differentiable approach. Journal of Mathematical Economics, 40(1-2):105-119.
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Stationary Markov equilibria for overlapping generations. Economic Theory, 24(3):623-643.
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2003
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Asset Trading Volume with Dynamically Complete Markets and Heterogeneous Agents. Journal of Finance, LVIII(5):2203-2218.
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Stationary equilibria in asset-pricing models with incomplete markets and collateral. Econometrica, 71(6):1767-1795.
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Book Section
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2017
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Computing equilibria in dynamic stochastic macro-models with heterogeneous agents. In: Honoré, Bo; Pakes, Ariel; Piazzesi, Monika; Samuelson, Larry. Advances in Economics and Econometrics: Theory and Applications, Eleventh World Congress. Cambridge: Cambridge University Press, 185-230.
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2013
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Computing all solutions to polynomial equations in economics. In: Schmedders, Karl; Judd, Kenneth. Handbook of Computational Economics. Amsterdam: Elsevier, 600-645.
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2008
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Approximate versus exact equilibria in dynamic economies. In: Brown, D; Kubler, F. Computational aspects of general equilibrium theory: refutable theories of value. Berlin: Springer, 135-164.
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Stationary equilibria in asset-pricing models with incomplete markets and collateral. In: Magill, M; Quinzii, M. Incomplete markets Volume 2: Infinite horizon economies. Cheltenham: Edward Elgar Publishing Ltd., 226-254.
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Markov equilibria in macroeconomics. In: Durlauf, Steven N; Blume, Lawrence E. The New Palgrave Dictionary of Economics (Vol. 5). Basingstoke: Palgrave Macmillan, 339-342.
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Computation of general equilibria (new developments). In: Durlauf, Steven N; Blume, Lawrence E. The New Palgrave Dictionary of Economics (Vol. 5). Basingstoke: Palgrave Macmillan, Published online.
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Conference or Workshop item
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2020
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Leveraging Posterity's Prosperity?. In: ASSA Annual Meeting, San Diego, CA, 3 January 2020 - 5 January 2020. American Economic Association, 152-156.
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2018
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Self-justified equilibria: Existence and computation. In: Society for Economic Dynamics (SED), Mexico City, 28 June 2018 - 30 June 2018. s.n., 1-22.
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Rethinking large-scale economic modeling for efficiency: optimizations for GPU and Xeon Phi clusters. In: IPDPS 2018, Vancouver, BC, Canada, 21 May 2018 - 25 May 2018, Institute of Electrical and Electronics Engineers.
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