Publications & Research
Refereed Journal Articles
2024. "Dynamic hysteresis effects," with Mengheng Li. Journal of Economic Dynamics and Control, 163(June): 104870. [Link]
2024. "Time-varying investment dynamics in the USA." Economics, 18(1): 20220091. [Link]
2022. "Bayesian analysis of structural correlated unobserved components and identification via heteroskedasticity," with Mengheng Li. Studies in Nonlinear Dynamics and Econometrics, 26(3): 337–359. [Link]
2022. "Business cycles, financial conditions, and nonlinearities," with Doguhan Sundal. Metroeconomica, 73(2): 343–383. [Link]
2022. "The distributive cycle: Evidence and current debates," with Jose Barrales-Ruiz, Codrina Rada, Daniele Tavani and Rudiger von Arnim. Journal of Economic Surveys, 36(2): 468-503. [Link]
2022. "Dualism and payroll shares across US states," with Codrina Rada, Ansel Schiavone and Rudiger von Arnim. Regional Studies, 56(2): 307-323. [Link]
2022. "The US labor share of income: what shocks matter?," with Codrina Rada, Marcio Santetti and Rudiger von Arnim. Review of Social Economy, 80(4): 514-549. [Link]
2021. "The decline of the US labor share across sectors," with Codrina Rada and Rudiger von Arnim. Review of Income and Wealth, 67(3): 732-758. [Link]
2020. "Financial crises and economic recovery: Cross-country heterogeneity and cross-sectional dependence," with Dimitrios Bakas. Economics Letters, 195(October): 109435. [Link]
2020. "Are long-run output growth rates falling?," with Mengheng Li. Metroeconomica, 71(1): 204-234. [Link]
2020. "Secular stagnation and income distribution dynamics," with David Kiefer, Codrina Rada and Rudiger von Arnim. Review of Radical Political Economics, 52(2): 189-207. [Link]
2019. "The historic rise of financial profits in the U.S. economy," with Costas Lapavitsas. Journal of Post Keynesian Economics, 42(3): 443-468. [Link]
2019. "Profitability trends in the era of financialization: Notes on the U.S. economy," with Costas Lapavitsas. The Japanese Political Economy, 45(1-2): 4-19. [Link]
2018. "The dynamic effects of aggregate supply and demand shocks in the Mexican economy." Economics Bulletin, 38(1): 41-51. [Link]
2018. "Financialization at a watershed in the USA," with Costas Lapavitsas. Competition and Change, 22(5): 488-508. [Link]
2017. "On the interaction between economic growth and business cycles." Macroeconomic Dynamics, 21(4): 982-1022. [Link]
2017. "Wage led aggregate demand in the United Kingdom," with Robert Jump. International Review of Applied Economics, 31(5): 565–584. [Link]
2016. "The profits of financialization," with Costas Lapavitsas. Monthly Review, 68(3): 49-62. [Link]
Book Chapters
2022. "The post-war trajectory of the US labor share: Structural change and secular stagnation,” with Jose Barrales-Ruiz, Codrina Rada, Ansel Schiavone and Rudiger von Arnim. In von Arnim, R. and Stiglitz, J. (Eds.) The Great Polarization: Economics, Institutions and Policies in the Age of Inequality. New York City: Columbia University Press, pp. 150-169. [Link]
2021. "Rising inequality and dualism in the US economy: Evidence and potential explanations,” with Codrina Rada and Rudiger von Arnim. In Basu, D. and Das, D. (Eds.) Conflict, Demand and Economic Development: Essays in Honour of Amit Bhaduri. New Delhi: Routledge, pp. 269-285. [Link]
Policy Research Briefs
May 2021. "Nowcasting regional GDP in Utah using dynamic factor models," with Matthew Gordon. University of Utah, Economic Evaluation Unit Policy Research Briefs, No. 3. [Link]
April 2020. "COVID-19 crisis: Potential impact on employment and income in Utah," with Ansel Schiavone, Codrina Rada and Rudiger von Arnim. University of Utah, Economic Evaluation Unit Policy Research Briefs, No. 2. [Link]
Popular Writings
April 30, 2020. "Payroll share, real wage and labor productivity across US states," with Codrina Rada, Ansel Schiavone and Rudiger von Arnim. Institute for New Economic Thinking Blog Article. [Link]
November 21, 2019. "The decline of the US labor share across sectors," with Codrina Rada and Rudiger von Arnim. Institute for New Economic Thinking Blog Article. [Link]