Hemmerdinger Screening Room

Title: Commuting and the Value of Marriage Abstract: Over time, as metro-areas sprawled to the suburbs, long commutes became common. In this paper I combine motivating evidence with a structural model to show how policies resulting in long commutes affect singles differently than couples (and men differently than women), if evaluated in a joint housing and marriage […]

Title: The Composition of Capital Inflows and Optimal Monetary Policy in Sudden-Stop Economies Abstract: Accounting for different types of capital flows, this paper studies whether monetary policy in emerging market economies should be prudential—i.e., deviate from price stability to induce agents to borrow less and hold more insurance during tranquil times. I develop a New Keynesian open […]