Political Economy, Microeconomics, institutional and regulatory design, contracting under adverse selection and moral hazard
My primary research focus is to integrate theoretical models of domestic political decision making into the economic analysis of supranational institutions. Once political institutions are taken into account, richer insights emerge as to the types of common economic policies that governments can implement in practice. My research asks how we can design institutions to limit the negative effects of political inefficiencies. Another research focus is on the agency problems within and between institutions. Specifically, I study how the incentives of politicians or regulators, stemming from their re-election concerns or their employment contracts, shape the policy proposals they put forward. I focus on contracting under strict limitations to monetary compensation, an issue especially relevant to political economy. The challenge of selecting and motivating high ability politicians or regulators is closely related to issues confronting firms when selecting employees or investments, leading to broader implications for contracting.
The Limits to Partial Banking Unions: A Political Economy Approach, American Economic Review, 2018.
Wait-and-See or Step In? Dynamics of Interventions with Takuo Sugaya, AEJ: Microeconomics, forthcoming. Online Appendix
Value for Money? Vote-Buying and Politician Accountability, with Jessica Leight, Rohini Pande, Laura Ralston, Journal of Public Economics, Vol. 190, October 2020, 104227.
The Management of Talent: Optimal Contracting for Selection and Incentives with Takuo Sugaya. The RAND Journal of Economics, forthcoming. Online Appendix
The Good, the Bad and the Complex: Product Design with Imperfect Information with Vladimir Asriyan and Victoria Vanasco. April 2020.
Equilibrium Reforms and Endogenous Complexity with Massimo Morelli. August 2020.
PhD, Economics, Massachusetts Institute of Technology (MIT), 2014
BA, Economics & Mathematics, Amherst College, 2009
Fellowships, Honors and Awards
John A. Gunn & Cynthia Fry Gunn Faculty Scholar, Stanford GSB, 2015-2016
MIT Presidential Fellowship, 2009-2011
Rufus B. Kellogg University Fellowship, 2009-2012
Phi Beta Kappa, Amherst College, 2009