Publications & forthcoming

    ​Capital Obsolescence and Agricultural Productivity  [paper][online appendix][replication][citation]
                           with Elisa Keller                                                                                                                                         blog entry: focoeconomico
​                              The Quarterly Journal of Economics, forthcoming.    
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   Aggregate Fluctuations and the Industry Structure of the US Economy [paper][online appendix][replication]​[citation]
​                         European Economic Review,  October 2020.    
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    Asymmetry, Complementarities and Federal Reserve Forecasts  [paper][citation]
                        with Riccardo DiCecio, Ivana Komunjer, and Michael Owyang 
                         Journal of Money, Credit and Banking, December 2018.
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   Who Quits Next? Firm Growth in Growing Economies  [paper] [citation]
                        with  Emircan Yurdagul    
                        Economic Inquiry, October 2018.
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Working papers

 Occupational Exposure to Capital Embodied Technical Change  November 2020 [paper][citation] New!
               with Elisa Keller and David Jaume ​, submitted

​Mechanizing Agriculture: Impacts on Labor and Productivity January 2021 [paper] New!
                   with Namrata Kala                                                                                                                                                                                                    blog entry:  IGC ​   

Economies of Density and Congestion in Capital Rental Markets  September 2020 [paper]
​            with Namrata Kala  and Haimeng Zhang.  
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​ Industry Dynamics, Investment and Uncertainty  September 2016 [paper][online appendix][citation]
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 Capital-Embodied Structural Change 
              with Elisa Keller
        What is the role of capital-embodied technical change (CETC) for sectorial labor reallocation, i.e. structural change, and growth? We document differential patterns of workers' exposure to CETC across countries and study its impact for the speed of sectorial labor reallocation.

 Efficiency with Equilibrium Marginal Product Dispersion and Firm Selection ​
 In a variety of economies that display input misallocation and market power, welfare gains of implementing policies that do not target firm characteristics, for example, subsidies to firm entry and exit, are summarized by a single statistic: the change in average revenue product and the number of operating units in the market.
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