Unintended Effects From the Expansion of the Non-Contributory Health System in Peru

We study the expansion of the non-contributory public health care system Seguro Integral de Salud in Peru using a general equilibrium heterogeneous agents model and find that overall welfare increases, but informality rises while tax revenues and output decrease

Global Temperature Shocks and Real Exchange Rates

We study the response of monthly U.S. dollar real exchange rates to global and country-specific temperature shocks and find large cross-sectional differences across country pairs. The real exchange rate is more likely to depreciate if the country is warmer, wealthier, more dependent on agriculture, less open and more dependent on tourism.

Can the Quiet Revolution Continue? The Effects of Childcare Subsidies on Female Labor Force Participation in a Life-Cycle Model

Using a life-cycle model of heterogeneous households, family labor supply, and intra-household bargaining, I study the effects of increasing U.S. public spending on childcare to Scandinavian levels on women's labor supply and find that the policy increases long-run labor force participation among married women.