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Uncertainty and Business Cycles: Exogenous Impulse or Endogenous Response? 

with Sydney C. Ludvigson (NYU) and Serena Ng (Columbia)

AEJ: Macro, Forthcoming

NBER Working Paper No. 21803, Media Coverage: Bloomberg View

Macro and Financial Uncertainty Index (Updated every February and August) Last Update: 2020 FEB.

Capital Share Risk in U.S. Asset Pricing (Appendix)

with Martin Lettau (Berkeley Hass) and Sydney C. Ludvigson (NYU)

Journal of Finance 74(4), August 2019, pp. 1753-1792.

NBER Working Paper No. 20744, Replication Files

Policy Notes

Quantifying the Impact of Foreign Economic Uncertainty on the U.S. Economy  (Juan M. Londono and Beth Anne Wilson), FEDS Notes, October 2019

Working Papers

Housing Risk and the Cross-Section of Returns Across Many Asset Classes (May 2020)

with Shaojun Zhang (OSU Fisher)

COVID19 and The Macroeconomic Effects of Costly Disasters (April, 2020)

with Sydney C. Ludvigson (NYU) and Serena Ng (Columbia)

Housing Cycles and Exchange Rates  (April 2020, Internet Appendix, Under Review)

with Shaojun Zhang (OSU Fisher)

Private Equity and the Macroeconomy (Jan. 2020, Under Revision)

with Boyan Jovanovic (NYU) and Peter L. Rousseau (Vanderbilt) 

Shock Restricted Structural Vector-Autoregressions (Jan. 2020, Slides for AEA2020, Under Review)

with Sydney C. Ludvigson (NYU) and Serena Ng (Columbia)

NBER Working Paper No. 23225

Uncertainty and Growth Disasters (May. 2020, Under R&R)

with Boyan Jovanovic (NYU)

Heterogeneous Intermediaries and Asset Prices  (June 2019, Under R&R)

Competition and Implementation Cycles (June 2019, Under Revision)

Selected Work in Progress

Momentum Undervalue Puzzle (with Sydney Ludvigson and Martin Lettau)

Asset Prices and Dynamic Intermediation Chains in OTC Markets (Under Major Revision)