Research

Publications

• “On the Long-Run Properties of Income and Stock Prices: The Stability of the `Golden Ratios’” (with J. Hall), Journal of Financial Economic Policy, forthcoming
• “Economic Freedom Improves Income Mobility: Evidence from Canadian Provinces, 1982–2018” (with V. Geloso), Journal of Institutional Economics 18.5 (2022), 807-826
  • Twitter Thread
• “Who Gains from Economic Freedom? A Panel Analysis of Decile Income Levels” (with R. Lawson) Economics and Business Letters Vol. 10, No. 2 (June 2021).

Working Papers

• “Better On Average: Average Inflation Targeting with Unconventional Monetary Policy”, under review

• “Is the Taylor Rule Still an Adequate Representation of Monetary Policy in Macroeconomic Models?” (with S. Schuh), under review

• “A New Environment For Monetary Policy: Interest Bearing Reserves and Policy Implementation”, under review

• “Poverty Spells and Economic Freedom: Canadian Evidence”, (with V. Geloso) under review
  • Twitter Thread

• “Unconventional US Monetary Policy and International Financial Market Stability”

• “Does Oil Production Matter for State Level Inflation?” (with M. Roy)

Works in Progress

• The Racial Political Economy of Bank Entry Restrictions (with J. Hall)
• Does the Minimum Wage Improve Upward Mobility? Evidence from Canada (with V. Geloso)
• Time Varying Output Gaps and Monetary Policy (with S. Schuh)