Working Papers

The Cross-Sectional Distribution of Price Stickiness Implied by Aggregate Data  
With Niels Dam
March 2010
44 pages /1379 kb
See also ››
(previous title "Estimating the Cross-Sectional Distribution of Price Stickiness from Aggregate Data")

Aggregation and the PPP Puzzle in a Sticky Price Model  
With Fernanda Nechio
March 2010
51 pages /503 kb

Loss Aversion, Asymmetric Market Comovements, and the Home Bias  
With Kevin Amonlirdviman
February 2010
25 pages / 387 kb

Imperfectly Credible Disinflation under Endogenous Time-Dependent Pricing  
With Marco Bonomo
January 2010
37 pages / 387 kb

The Persistent Effects of a False News Shock  
Nicholas Klagge, and Emanuel Moench
May 2009
18 pages / 294 kb

Heterogeneous Price Setting Behavior and Aggregate Dynamics: Some General Results  
With Felipe Schwartzman
March 2008
41 pages / 413 kb

Carlos Carvalho's CV

The views expressed in the papers listed on this page are those of the author(s) and do not necessarily reflect the position of the Federal Reserve Bank of New York or the Federal Reserve System.