Associate Professor at the Department of Economics, University of California, Berkeley. Earned an MA in Economics from the Kyiv-Mohyla Academy and an MA in Statistics from University of Michigan, and a PhD in Economics from the University of Michigan. Editor of the Review of Economics and Statistics and Associate Editor of the Journal of Monetary Economics.
“Amerisclerosis? The Puzzle of Rising U.S. Unemployment Persistence” (with Olivier Coibion and Dmitri Koustas), Brookings Papers on Economic Activity (2014 Fall), 193-261.
“What Can Survey Forecasts Tell Us About Informational Rigidities?” (with Olivier Coibion), Journal of Political Economy 120 (2012), 116-159.
“Why are target interest rate changes so persistent?” (with Olivier Coibion) American Economic Journal – Macroeconomics 4(2012), 126–162.
“The Optimal Inflation Rate in New Keynesian Models: Should Central Banks Raise Their Inflation Targets in Light of the ZLB?” (with Olivier Coibion and Johannes Wieland) Review of Economic Studies 79(2012), 1371-1406.
“The Finnish Great Depression: From Russia with Love” (with Linda Tesar and Enrique Mendoza), American Economic Review 102(2012), 1619–1644.
“Financial constraints and innovation: Why poor countries don't catch up” (with Monika Schnitzer), Journal of European Economic Association 11(2013), 1115–1152.
“Estimators for Persistent and Possibly Non-Stationary Data with Classical Properties” (with Anna Mikusheva and Serena Ng), Econometric Theory 28(2012), 1003–1036.
“Measuring the Output Responses to Fiscal Policy” (with Alan Auerbach), American Economic Journal: Economic Policy 4(2012), 1–27.
“Sensitivity of Prices to Demand Shocks: A Natural Experiment in the San Francisco Bay Area” (with Volodymyr Bilotkach and Oleksandr Talavera), Transportation Research Part A: Policy and Practice 46, 1137–1151.
“Individualism, innovation, and long-run growth” (with Gerard Roland), Proceedings of the National Academy of Sciences 108 (S4, 2011), 21316-21319.
“Strategic Interaction among Heterogeneous Price-Setters in an Estimated DSGE Model” (with Olivier Coibion), Review of Economics and Statistics 93(2011), 941–960.
“Monetary Policy, Trend Inflation and the Great Moderation: An Alternative Interpretation” (with Olivier Coibion), American Economic Review 101(2011), 341–370.
“Estimation of DSGE Models When Data Are Persistent” (with Serena Ng), Journal of Monetary Economy 57(2010), 325–340.
“Globalization and Innovation in Emerging Markets” (with Jan Svejnar and Katherine Terrell), American Economic Journal: Macroeconomics 2(2010), 194–226.
“Inequality and Volatility Moderation in Russia: Evidence from Micro-Level Panel Data on Consumption and Income” (with Klara Sabirianova Peter and Dmitriy Stolyarov), Review of Economic Dynamics 13(2010), 209-237.
“Myth and Reality of Flat Tax Reform: Micro Estimates of Tax Evasion and Productivity Response in Russia” (with Jorge Martinez-Vazquez and Klara Sabirianova Peter), Journal of Political Economy 117 (2009), 504-554.
“Are Airlines’ Price-Setting Strategies Different?” (with Volodymyr Bilotkach and Oleksandr Talavera), Journal for Air Transport Management 16(2009), 1-6.
“Border Effect or Country Effect? Seattle may not be so far from Vancouver after all” (with Linda Tesar), American Economic Journal: Macroeconomics 1(2009), 219-241.
“Financial Constraints and Continental Business Groups: A Note on German Konzerns” (with Dorothea Schafer and Oleksandr Talavera), Research in International Business and Finance 23 (2009), 233–242.