Assistant Professor of Finance: Barbara and Gerson Bakar Faculty Fellow
Berkeley Haas
maxted at haas.berkeley.edu
Working Papers
Credit Card Borrowing in Heterogeneous-Agent Models: Reconciling Theory and Data (with Sean Chanwook Lee)
An early draft, which includes a supplemental analysis using credit bureau data, can be found here
The Beta-Delta-DELTA Sweet Spot (with David Laibson)
A Simple Mapping from MPCs to MPXs (with Benjamin Moll and David Laibson)
Publications
Present Bias Unconstrained: Consumption, Welfare, and the Present-Bias Dilemma
Quarterly Journal of Economics, Forthcoming [DOI] [Replication]
Present Bias Amplifies the Household Balance-Sheet Channels of Macroeconomic Policy (with David Laibson and Benjamin Moll)
Quarterly Journal of Economics, 2025 [DOI] [Replication]
Estimating Discount Functions with Consumption Choices over the Lifecycle (with David Laibson, Sean Chanwook Lee, Andrea Repetto, and Jeremy Tobacman)
Review of Financial Studies, Forthcoming [DOI] [Replication]
A Macro-Finance Model with Sentiment
Review of Economic Studies, 2024 [DOI] [Replication]
Present Bias Causes and Then Dissipates Auto-Enrollment Savings Effects (with John Beshears, James Choi, and David Laibson)
AEA Papers and Proceedings, 2022