Browsing by Author "Fajgelbaum, Pablo"

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  • Fajgelbaum, Pablo; Khandelwal, Amit; Kim, Wookun; Mantovani, Cristiano; Schaal, Edouard (American Economic Association, 2021)
    We study optimal dynamic lockdowns against COVID-19 within a commuting network. Our framework integrates canonical spatial epidemiology and trade models and is applied to cities with varying initial viral spread: Seoul, ...
  • Fajgelbaum, Pablo; Schaal, Edouard (2019-12)
    We study optimal transport networks in spatial equilibrium. We develop a framework consisting of a neoclassical trade model with labor mobility in which locations are arranged on a graph. Goods must be shipped through ...
  • Fajgelbaum, Pablo; Schaal, Edouard (Wiley, 2020)
    We study optimal transport networks in spatial equilibrium. We develop a framework consisting of a neoclassical trade model with labor mobility in which locations are arranged on a graph. Goods must be shipped through ...
  • Fajgelbaum, Pablo; Gaubert, Cecile; Gorton, Nicole; Morales, Eduardo; Schaal, Edouard (2023-06-29)
    How do political preferences shape transportation policy? We study this question in the context of California’s High-Speed Rail (CHSR). Combining geographic data on votes in a referendum on the CHSR with a model of its ...
  • Fajgelbaum, Pablo; Schaal, Edouard; Taschereau-Dumouchel, Mathieu (2019)
    We develop a theory of endogenous uncertainty and business cycles in which short-lived shocks can generate long-lasting recessions. In the model, higher uncertainty about fundamentals discourages investment. Since agents ...
  • Fajgelbaum, Pablo; Schaal, Edouard; Taschereau-Dumouchel, Mathieu (Oxford University Press, 2017)
    We develop a theory of endogenous uncertainty and business cycles in which short-lived shocks can generate long-lasting recessions. In the model, higher uncertainty about fundamentals discourages investment. Since agents ...

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