Work in Progress

• “Richer Wage Dynamics and Redistribution in the U.K,” with Giulio Fella and Gonzalo Paz-Pardo.
• “Family and Government Insurance in the Netherlands,” with Rob Alessie, Giulio Fella, Marike Knoef, Gonzalo Paz-Pardo, and Ralph Van Oijen.
• “Couples and Singles' Savings After Retirement,” with Eric French, John Jones, and Rory McGee.
• “Consumption Insurance in Old Age,” with Richard Blundell, Margherita Borella, and Jeanne Commault.
• “The changing opportunities and outcomes of non-college educated Americans over time,” with Margherita Borella, and Fang Yang.

Some plenary talks

• “The Aggregate Implications of Gender and Marriage,” Midwest Macro Meeting in Baton Rouge, May 2017. WAMS in Canberra, August 2017.
• “Saving After Retirement,” ICEE plenary talk in Messina. January, 2017.
• “Saving and Wealth Inequality,” SED plenary talk in Toulouse. June, 2016. File and figures to generate the slides.

Papers

• “The Effects of Marriage-Related Taxes and Social Security Benefits,” with Margherita Borella and Fang Yang. NBER working paper no. 23972, 2017. Revised October 2018.
• “The Lifetime Costs of Bad Health,” with Svetlana Pashchenko and Ponpoje Porapakkarm. NBER working paper no. 23963, 2017. Revised October 2018.
• “Nonlinear Household Earnings Dynamics, Self-Insurance, and Welfare,” with Giulio Fella and Gonzalo Paz-Pardo. NBER working paper no. 24326, 2018. Forthcoming in the Journal of the European Economic Association.
Markov Chains and estimated earnings processes for household-level pre- and post-tax earnings.
• “The Lifetime Medical Spending of Retirees,” with Eric French, John Jones, Rory McGee, and Justin Kirschner. NBER working paper no. 24599, 2018. Forthcoming in Federal Reserve Bank of Richmond Economic Quarterly.
• “The Aggregate Implications of Gender and Marriage” with Margherita Borella and Fang Yang. “The Journal of the Economics of Ageing,” special issue on “Macroeconomics and Aging,” edited by Tim Kehoe and Juan Carlos Conesa, May 2018, pages 6-26. http://dx.doi.org/10.1016/j.jeoa.2017.01.005
• “Household Inequality and the Consumption Response to Aggregate Real Shocks,” with Gene Amromin and Karl Schulze. NBER working paper no. 24073, 2017 and Federal Reserve Bank of Chicago Economic Perspectives,January 2018, vol. 1.
• “Who Receives Medicaid in Old Age? Rules and Reality,” with Margherita Borella and Eric French. Fiscal Studies, March 2018, vol. 39, no. 1, pages 65-93.
• “Saving and Wealth Inequality,” with Giulio Fella. Review of Economic Dynamics, October 2017, vol. 26, pages 280-300.
• “Data From the US and Eight Other Developed Countries Show that End-Of-Life Medical Spending is Lower than Previously Reported,” with Eric French and others. Health Affairs, July 2017, vol. 36, n. 7, pages 1211-1217.
• “Macro Models of Wealth Inequality,” with Giulio Fella and Fang Yang. In the book "After Piketty," Harvard University Press, edited by Heather Boushey, Bradford DeLong, and Marshall Steinbaum, May 2017.
• “RED Special Issue on Human Capital and Inequality, An Introduction,” with Dean Corbae and Lance Lochner. “The Review of Economic Dynamics,” special issue on “Human Capital and Inequality,” edited by Dean Corbae, Mariacristina De Nardi, and Lance Lochner. April 2017, volume 25, pages 1-3.
• “Medicaid Insurance in Old Age,” with Eric French and John Jones. The American Economic Review, November 2016, Vol 106, no. 11, pages 3480-3520. Slides.
• “Medical Spending of the U.S. Elderly,” with Eric French, John Jones, and Jeremy McCauley. Fiscal Studies, September-December 2016, volume 37, issue 3-4, pages 717-747. Special issue on “Medical Expenditures Around the World,” edited by Eric French and Elaine Kelly.
• “Savings After Retirement: A Survey,” with Eric French, and John Jones. The Annual Review of Economics, October 2016, vol. 8, pages 177-204.
• “Wealth Inequality, Family Background, and Estate Taxation,” with Fang Yang. Journal of Monetary Economy, Carnegie Rochester Special Issue on "Inequality, Institutions, and Redistribution, ” February 2016, vol. 77, pages 130-15. Slides. Codes.
• “Social Security and Fertility,” with Michele Boldrin and Larry Jones, Journal of Demographic Economics, September 2015, vol. 81, issue 03, pages 261-299.
• “Credit Crunches and Credit Allocation in a Model of Entrepreneurship,” with Marco Bassetto and Marco Cagetti, Review of Economic Dynamics, January 2015, vol. 18, issue 1, pages 53-76. Special issue on Money, Credit, and Financial Frictions.Slides. Codes.
• “Bequests and Heterogeneity in Retirement Wealth,” with Fang Yang, European Economic Review, November 2014, vol. 72, pages 182-196. Codes.
• “Medicaid and the Elderly,” with Eric French, John Jones, and Angshuman Gooptu, NBER working paper no. 17689 and Federal Reserve Bank of Chicago Economic Perspectives, January 2012.
• “Consumption and the Great Recession,” with Eric French and David Benson, NBER working paper no. 17688 and Federal Reserve Bank of Chicago Economic Perspectives, January 2012.
• “Why Do the Elderly Save? The Role of Medical Expenses,” with Eric French and John Jones, Journal of Political Economy, February 2010, vol. 118, pages 39-75. (A previous version of this paper was circulated as "Differential Mortality, Uncertain Medical Expenses, and the Saving of Elderly Singles," NBER working paper no. 12554, October 2006.) Slides. Codes.
• “Life Expectancy and Old Age Savings,” with Eric French and John B. Jones, NBER working paper no. 14653, 2009, The American Economic Review, Papers and Proceedings, May 2009, pages 110-115.
• “A Conversation with 590 Nascent Entrepreneurs,” with Jeff Campbell, Annals of Finance, special issue on Entrepreneurship, co-edited with Ann Villamil, April 2009, vol. 5, pages 313-327.
• “Estate Taxation, Entrepreneurship, and Wealth,” with Marco Cagetti, The American Economic Review, March 2009, vol. 99(1), pages 85-111. Slides. Codes.
• “Wealth inequality: data and models,” with Marco Cagetti. Macroeconomic Dynamics, 2008, vol. 12, special supplement S2 on Inequality edited by R. Townsend, pages 285-313.
• “Evidence on Entrepreneurs in the United States: Data from the 1989-2004 Survey of Consumer Finances,” with Phil Doctor and Spencer D. Krane, Federal Reserve Bank of Chicago Economic Perspectives, Fourth Quarter 2007.
• “Entrepreneurship, Frictions, and Wealth,” with Marco Cagetti, Journal of Political Economy, October 2006, vol. 114, n. 5, pages 835-870. Lead article. Slides. Codes.
• “Right Before the End: New Evidence on Asset Decumulation at the End of the Life Cycle,” with Eric French, John B. Jones, Olesya Baker, and Phil Doctor, Federal Reserve Bank of Chicago Economic Perspectives, Third Quarter 2006.
• “Wealth Inequality and Intergenerational Links” . Review of Economic Studies, July 2004, vol. 71, n. 3, pages 743-768. Slides. Codes.
• “Saving and Pension Reform in General Equilibrium Models,” with Selahattin Imrohoroglu and Thomas J. Sargent, Oxford Review of Economic Policy, 2001, vol. 17, pp. 20-39, special issue on Savings, edited by Orazio Attanasio and James Bank.
• “Income Inequality and Redistribution in Five Countries,” with Liqian Ren and Chao Wei, Federal Reserve Bank of Chicago Economic Perspectives, Second Quarter 2000.
• “Projected U.S. Demographics and Social Security,” with Selahattin Imrohoroglu and Thomas J. Sargent, Review of Economic Dynamics, 1999 vol. 2 n. 3, pages 575-615. Codes.