Published, Forthcoming, and Accepted Papers
- "Currency Unions, Product Introductions, and the Real Exchange Rate" (with Alberto Cavallo and Roberto Rigobon)
Quarterly Journal of Economics, 2014, 129(2), p.529-595.
Online Appendix. Slides.
Coverage: Column in VoxEU.org. Featured in Bloomberg, Diario Vasco (in Spanish), and El Confidencial (in Spanish).
- "The Global Decline of the Labor Share" (with Loukas Karabarbounis)
Quarterly Journal of Economics, 2014, 129(1), p.61-103.
KN Labor Share Dataset.
Coverage: Featured in The Economist, The Financial Times, The Financial Times (Undercover Economist), The New York Times, The New York Times (Economix), Houston Chronicle, Bloomberg, Bloomberg (The Ticker), The Atlantic, and Insitutional Investor.
- "Trade Adjustment and Productivity in Large Crises" (with Gita Gopinath)
American Economic Review, 2014, 104(3), p.793-831.
Online Appendix. Slides.
Coverage: Featured in Foco Económico (in Spanish).
- "On Deficits and Unemployment" (with Jonathan Eaton and Sam Kortum)
Revue Économique, 2013, 64(3), p.405-420.
- "Trade Prices and the Global Trade Collapse of 2008-2009" (with Gita Gopinath and Oleg Itskhoki)
IMF Economic Review, 2012, 60(3), p.303-328. Lead Article.
Coverage: Column in VoxEU.org.
- "A State-Dependent Model of Intermediate Goods Pricing"
Journal of International Economics, 2011, 85(1), p.1-13. Lead Article.
- "Growth Accounting with Misallocation: Or, Doing Less with More in Singapore" (with John Fernald)
American Economic Journal: Macroeconomics, 2011, 3(2), p.29-74.
- "Stickiness, Synchronization, and Passthrough in Intrafirm Trade Prices"
Journal of Monetary Economics, 2010, 57(3), p.295-308.
- "The Impact of Post-9/11 Visa Policies on Travel to the United States" (with Phillip Swagel)
Journal of International Economics, 2009, 78(1), p.86-99.
- "Trade and the Global Recession" (with Jonathan Eaton, Sam Kortum, and John Romalis)
Revise and Resubmit (2nd Round), American Economic Review
Online Appendix. Previous (Static) Version.
Coverage: Column in VoxEU.org. Featured in Marginal Revolution and Econbrowser.
- "The Price Impact of Joining a Currency Union: Evidence from Latvia" (with Alberto Cavallo and Roberto Rigobon)
- "Declining Labor Shares and the Global Rise of Corporate Saving" (with Loukas Karabarbounis)
Online Appendix. Non-Technical Summary. Slides.
Coverage: Featured in The Economist, Slate Magazine, Project Syndicate, The Washington Post, and the Chicago Magazine. Guest Contribution in EconBrowser.
Work in Progress
- "Labor Shares and Inequality" (with Jonathan Adams and Loukas Karabarbounis)
Materials provided are for Educational Use Only. All articles are the sole Copyright of their respective publishers.