Working Papers

• Sovereign Risk and Dutch Disease [New!] (August 2022) [PDF]
• The Sovereign Default Risk of Giant Oil Discoveries (June 2022) [PDF] [Online Appendix]

• Default and Interest Rate Shocks: Renegotiation Matters (October 2019) [PDF], joint with Victor Almeida, Timothy Kehoe, and Juan Pablo Nicolini (previously presented as "Did the 1980s in Latin America Need to Be a Lost Decade?")

• Pricing Following the Nominal Exchange Rate (March 2018) [PDF]

Book Chapter

• Lessons from the Monetary and Fiscal History of Latin America (November 2021) [link to Staff Report], joint with Timothy Kehoe and Juan Pablo Nicolini. Final chapter in A Monetary and Fiscal History of Latin America, 1960-2017 [link to book] edited by Timothy J. Kehoe and Juan Pablo Nicolini.

​