CV [PDF]        

Working Papers

 "Banks, Liquidity Management and Monetary Policy", with Saki Bigio 
"Optimal Time-Consistent Macroprudential Policy", with Enrique Mendoza
"Efficient Bailouts?" 
     Revision requested, American Economic Review
"International Reserves and Rollover Risk",  with Juan Carlos Hatchondo and Leonardo Martinez (Updated July 2013) 
"Overborrowing, Financial Crises and `Macro-prudential' Policy",  with Enrique Mendoza  

Publications

"Credit Externalities: Macroeconomic Effects and Policy Implications"
     American Economic Review, Papers and Proceedings, May 2010, Vol 100(2)
 "Overborrowing and Systemic Externalities in the Business Cycle"
     American Economic Review, December 2011, Vol 101 (7)
"Macro-prudential Policy in a Fisherian Model of Financial Innovation", with Emine Boz and Enrique Mendoza    
    IMF Economic Review, June 2012 60(1)         

Teaching                                                                                            

International Macroeconomics (Graduate) Spring 2013 [Syllabus] 
International Finance (Undergraduate) Spring 2013  [Syllabus]

Discussions                                                                            

 "Capital Account Policies and the Real Exchange Rate", by Olivier Jeanne, NBER International Seminar on Macroeconomics, 2012     [slides] [text]
 "Prudential Policy for Peggers", by Stephanie Schmitt-Grohe and Martin Uribe, NBER International Finance and Macroeconomics, SI 2012 [slides] 
"Reserve Accumulation, Growth and Financial Crises", Gianluca Benigno and Luca Fornaro, Pacific Basin Conference SFO Fed, 2012 [slides]