Current Research

• “Notes on Disintermediation” (with Yu Zhang)

• “The Diamond-Dybvig Revolution: Extensions Based on the Original DD Environment” (with Yu Zhang). Presentation slides. See also DD36 conference program.

• “The Future of General Equilibrium Theory in Economics”.

• “Price-Level Volatility and Optimal Taxation” (with Guido Cozzi, Aditya Goenka, and Minwook Kang).

• “Sunspot Equilibrium: Individually Rational Excess Economic Volatility” a monograph to unify, extend, and popularize the subject.

• “Market Aggregation and Commodities”.