We propose a parsimonious framework for real rigidities, in the form of strategic
complementarities, that can generate real and nominal dynamics and match key features of …

How does the firm's role as an insurance provider vary over the business cycle? Using
Swedish administrative data, I document that idiosyncratic firm productivity shocks are …

We develop a simple menu-cost model with non-constant elasticity of demand that features
idiosyncratic productivity and demand shocks. The model is calibrated to match firm-level …