• Productivity Growth and Capital Flows: The Dynamics of Reforms, with F. Buera. Also available as NBER Working Paper No. 15268. • Self-Insurance vs. Self-Financing: A Welfare Analysis of the Persistence of Shocks, with F. Buera. • Financial Frictions and the Persistence of History, with F. Buera. • Finance and Development: A Tale of Two Sectors, with F. Buera and J. Kaboski. Also available as NBER Working Paper No. 14914. • Ramsey Meets Bewley: Optimal Government Financing with Incomplete Markets. • Estimation of Dynamic Models with Nonparametric Simulated Maximum Likelihood, with D. Kristensen. • Does Transparency Pay? with R. Glennerster, IMF Staff Papers, April 2008. • Managing the Maturity Structure of Government Debt, Journal of Monetary Economics, September 2007.
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