WORKING PAPERS
"Fundamental Pricing of Utility Tokens", January 2021  with Vincent Danos and Stefania Marcassa "The Detrimental Effect of Job Protection on Employment: Evidence from France", May 2019 with Pierre Cahuc and Franck Malherbet Reject-and-resubmit, Journal of Political Economy "An Equilibrium Model of the Market for Bitcoin Mining", August 2019 with Benjamin Walter Forthcoming in the Journal of Political Economy "Reputation and Earnings Dynamics", January 2020 with Boyan Jovanovic Forthcoming in the Journal of Economic Theory Previous version "Reputation Cycles" "Firm Dynamics and Residual Inequality in Open Economies" with Gabriel Felbermayr and Giammario Impullitti Journal of the European Economic Association, 2018, Vol. 16(5), pp.1476-1539 "Human Capital and Optimal Redistribution" with Winfried Koeniger Review of Economic Dynamics, 2018, Vol. 27, pp. 1-26 Technical Appendix "Dynamic Contracts and Learning by Doing" Mathematics and Financial Economics, 2015, Vol. 9(3), pp. 169-193 "Dynamic Contracts when Agent's Quality is Unknown" with Boyan Jovanovic Previously circulated under the title "Dynamic Incentive Contracts under Parameter Uncertainty"
Theoretical Economics, 2014, Vol. 9, pp. 865-914 “Efficiency Gains from Trade and Labor Market Outcomes” with Gabriel Felbermayr Nordic Economic Policy Review, 2013, Vol. 1, pp. 45-72 "Job Market Signaling and Employer Learning"
with Carlos Alos-Ferrer
Journal of Economic Theory, 2012, Vol. 147(5), pp. 1787-1817Working paper Version
"Trade and Unemployment: What Do the Data Say?" with Gabriel Felbermayr and Hans-Jorg Schmerer
European Economic Review, 2011, Vol. 55(6), pp. 741-758
"Globalization and Labor Market Outcomes:
Wage Bargaining, Search Frictions, and Firm Heterogeneity"
with Gabriel Felbermayr and Hans-Jorg Schmerer
Journal of Economic Theory, 2011, Vol. 146(1), pp. 39-73
Working paper version
"Product Market Regulation, Firm Selection and Unemployment"
with Gabriel Felbermayr
Journal of the European Economic Association, 2011, Vol. 9(2), pp. 278-317
Working paper version
"The Rate of Learning-by-doing: Estimates from a Search-Matching Model"
Journal of Applied Econometrics, 2010, Vol. 25(6), pp. 929-962 Jointly awarded the 2012 Richard Stone Prize in Applied Econometrics
"Employment Protection, Product Market Regulation and Firm Selection"
with Winfried Koeniger
Economic Journal, 2007, Vol. 117 (June), F302–F332.
"The Impact of Disembodied Technological Progress on Unemployment"
Review of Economic Dynamics, 2007, Vol. 10 (1), pp. 106-125
"Job Selection under Uncertainty and the Wage Distribution"
The B.E. Journal of Macroeconomics (Contributions), 2006, Vol. 6 (1), Article 2
"Increasing Optimism and Demand Uncertainty"
Economics Bulletin, 2005, Vol. 12: No. 10, pp. 1-8
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