University of Rochester

Professor Mark Aguiar

 

Publications in Refereed Journals

 

·      “Investment Cycles and Sovereign Debt Overhang” (with Manuel Amador and Gita Gopinath), Review of Economic Studies, January 2009, Vol. 76, No. 1, 1-31.

 

·      “Lifecycle Prices and Production” (with Erik Hurst)  Data and Programs American Economic Review, December 2007, Vol 97, Number 5, 1533-1559.

 

·      “Measuring Trends in Leisure” (with Erik Hurst)  Data and Programs Quarterly Journal of Economics, August 2007, Vol. 122, No. 3: 969-1006

 

·      “Emerging Market Business Cycles: The Cycle is the Trend” (with Gita Gopinath) Journal of Political Economy, February 2007, Vol 115, Number 1, 69-102. Data and Programs

 

·      Defaultable Debt, Interest Rates, and the Current Account” (with Gita Gopinath), Journal of International  Economics, June 2006, Vol 69 Number 1, 64-83  Programs

 

·      “Determining Underlying Macroeconomic Fundamentals during Emerging Market Crises: Are conditions as bad as they seem?”  (with Fernando Broner), Journal of Monetary Economics, May 2006, Vol 53, Issue 4, 699-724

 

·      “Consumption vs. Expenditure” (with Erik Hurst) ), Journal of Political Economy, October 2005, Vol 113 Number 5, 919-948.

 

·      “Investment, Devaluation, and Foreign Currency Exposure:  The Case of Mexico”, Journal of Development Economics, October 2005, Vol 78, Issue 1, 95-113.

 

·      “Fire-Sale FDI and Liquidity Crises” (with Gita Gopinath), Review of Economics and Statistics, August 2005, Vol 87 Issue 3, 439-452.

 

 

Other Publications

 

 

·      “Expropriation Dynamics,” (with Manuel Amador and Gita Gopinath).  American Economic Review:  Papers & Proceedings 2009.  Click here for appendix.  Click here for python code.

 

·      “The Increase in Leisure Inequality,” (with Erik Hurst), preliminary draft prepared for the American Enterprise Insitute’s monograph series on economic well-being and inequality, September 2007.

 

·      “The Permanent Income Hypothesis,”  New Palgrave Dictionary of Economics, 2nd Edition (with Erik Hurst) 

 

·      “Emerging Market Fluctuations: The Role of Interest Rate and Productivity Shocks,” (with Gita Gopinath), November 2006, Prepared for the Tenth Annual Conference on the  Central Bank of Chile, “Current Account and External Financing”. December 2006.

 

Working Papers

 

 

·      Growth in the Shadow of Expropriation (with Manuel Amador)

(Under revision for the Quarterly Journal of Economics)

 

·      Deconstructing Lifecycle Expenditure (with Erik Hurst).  Data and Programs.  Robustness Appendix. (Under revision for the Journal of Political Economy)

 

·      Has Consumption Inequality Mirrored Income Inequality (with Mark Bils).  Preliminary version – check back for revisions.

 

·      Efficient Expropriation: Sustainable Fiscal Policy in a Small Open Economy, (with Manuel Amador and Gita Gopinath), January 2006 (Precursor to “Investment Cycles and Sovereign Debt Overhang”)

 

 

 

 

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