I am an assistant professor in the department of economics at Penn State.

Research Interests: Macroeconomics, Public Finance, International Economics, Financial Economics

CV: [pdf]

Email: rishabh.kirpalani@psu.edu

Spring 2017: Contracts and Macro [syllabus]

Working Papers:
Fiscal Rules, Bailouts, and Reputation in Federal Governments, with Alessandro Dovis [draft, September 2017]
Efficiency and Policy in Models with Incomplete Markets and Borrowing Constraints [draft, February 2017]
Endogenously Incomplete Markets with Equilibrium Default [draft, August 2016]
Sophisticated Policies in Models with Endogenous Debt Constraints [draft, March 2015]

Work in Progress:
Reputation, Bailouts, and Interest Rate Spreads Dynamics, with Alessandro Dovis
The Value of Lead Investors, with Erik Madsen
Efficiency and Policy in Models with Equilibrium Default

Older Papers:
Multiplicity of Equilibria in Environments with Limited Commitment [draft, November 2014]
Heterogeneous Beliefs and State Space Dimensionality [draft]