Research

Publications-Journal Articles:

2024


2023


2022


2021


Exchange Rate Fluctuations and Firm Leverage, with Xiaoxi Liu and Ilhyock Shim

IMF Economic Review, 69(1), 90 – 121. February 2021

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COVID-19 and SMEs: A 2021 “Time Bomb”?∗ with Pierre-Olivier Gourinchas, Veronika Penciakova and Nick Sander

American Economic Review Papers and Proceedings, vol 111, pp. 282 – 86, May 2021

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2020


Capital Flows and Leverage, with Jun Hee Kwak

Annual Review of Economics, 12 (2020) 833-846
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2019


2017


2016


Sovereign Debt and Financial Crises: Theory and Historical Evidence, with Carmen Reinhart and Kenneth Rogoff

Journal of European Economic Association, January 2016, Vol. 14(1), 1-6.
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2014


Deep Financial Integration and Macroeconomic Volatility, with Bent Sorensen and Vadym Volosovych

Journal of European Economic Association, December 2014, Vol. 12(6), 1558-1585.
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2013


2012


Leverage Across Firms, Banks, and Countries, with Bent Sorensen and Sevcan Yesiltas

Journal of International Economics, November 2012, 88(2), 284-298.
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2011


HIV and Fertility Revisited, with Belgi Turan

Journal of Development Economics, 2011, Vol. 96(1),61-65.
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2010


Why Does Capital Flow to Rich States?, with Bent Sorensen, Ariell Reshef, and Oved Yosha

Review of Economics and Statistics, November 2010, 92(4), 769-783.
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Mortality Change, the Uncertainty Effect and the Retirement, with David N. Weil

Journal of Economic Growth, February 2010, 15(1), 65-91.
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2009


2008


The Uncertain Lifetime and the Timing of Human Capital Investment,

Journal of Population Economics, 21 (3), 2008.
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2007