Chang-Tai Hsieh
Professor of Economics, University of Chicago

Working Papers

  • "The Reallocation Myth," with Peter Klenow, in Federal Reserve Bank of Kansas City Economic Symposium on "Fostering a Dynamic Market Economy," September 2017.
  • "Accounting for the Gains from Trade Liberalization," with Nicholas Li, Ralph Ossa, and Mu-Jeung Yang, under revision for Review of Economic Studies.
  • "How Destructive is Innovation?" with Daniel Garcia-Macia and Peter Klenow, revised for Econometrica.
  • "The Allocation of Talent and U.S Economic Growth," with Erik Hurst, Chad Jones, and Peter Klenow, revised for Econometrica.
  • Published Papers

  • "The Long Shadow of China's Fiscal Expansion," with Bai Chong-en and Zheng Song, Brookings Papers in Economic Activity, Fall 2016.
  • "Grasp the Large, Let Go of the Small," with Zheng Song, Brookings Papers in Economic Activity, Spring 2015.
  • "Housing Constraints and Spatial Misallocation," with Enrico Moretti, American Economic Journal: Macroeconmics, forthcoming.
  • "The Life Cycle of Plants in India and Mexico," with Peter Klenow, Quarterly Journal of Economics, August 2014.
  • "The Missing Missing Middle," with Ben Olken, Journal of Economic Perspectives, Summer 2014.
  • "A Global View of Productivity Growth in China," with Ralph Ossa, Journal of International Economics, Sept. 2016.
  • "International Prices, Costs and Markup Differences," with Gita Gopinath, Pierre-Olivier Gourinchas, and Nicholas Li, American Economic Review, October 2011.
  • "The Price of Political Opposition: Evidence from Venezuela's Maisanta," with Edward Miguel, Francisco Rodriguez, and Daniel Ortega, American Economic Journal: Applied Economics, April 2011.
  • "Did Japan's Shopping Coupon Program Increase Spending?" with Satoshi Shimizutani and Masahiro Hori, Journal of Public Economics, August 2010.
  • "Development Accounting," with Peter Klenow,American Economic Journal: Macroeconomics, January 2010.
  • "Misallocation and Manufacturing TFP in China and India," with Peter Klenow, Quarterly Journal of Economics, November 2009.
  • "Growth and Structural Transformation in China," with Loren Brandt and Zhu Xiaodong, in Loren Brandt and Thomas Rawski, editors, China's Great Economic Transformation, Cambridge University Press, 2008.
  • "Taxes and Growth in a Financially Underdeveloped Country:  Evidence from Chile’s Investment Boom," with Jonathan Parker, Economia, Fall 2007.
  • "Relative Prices and Relative Prosperity," with Peter Klenow, American Economic Review, June 2007.
  • "The Return to Capital in China," with Bai Chong-en and Qian Yingyi, Brookings Papers in Economic Activity, Fall 2006.
  • "Did Iraq Cheat the UN?  Underpricing, Bribes, and the Oil for Food Program," with Enrico Moretti, Quarterly Journal of Economics, October 2006.
  • "The Effect of Generalized School Choice on Stratification and Achievement:  Evidence from Chile’s School Voucher Program," with Miguel Urquiola, Journal of Public Economics, November 2006.
  • "Was the Federal Reserve Constrained by the Gold Standard During the Great Depression?  Evidence from the 1932 Open Market Purchase Program," with Christina Romer, Journal of Economic History, March 2006.
  • "The Impact of Outsourcing to China on Hong Kong’s Labor Market," with Keong Woo, American Economic Review, December 2005.
  • "Can Free Entry be Inefficient?  Fixed Commissions and Social Waste in the Real Estate Industry," with Enrico Moretti, Journal of Political Economy, October 2003.
  • "Do Consumers React to Anticipated Income Shocks?  Evidence from the Alaska Permanent Fund," American Economic Review, March 2003.
  • "What Explains the Industrial Revolution in East Asia?  Evidence from the Factor Markets," American Economic Review, June 2002.

  •   Last Modified on May 16, 2018