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 Spread Dynamics, with Alessandro Dovis
Information Acquisition and Strategic Investment Timing, with Erik Madsen
Contracts and Currency Choice, with Andres Drenik and Diego Perez
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]