Research

Research Profiles and Citations: Google Scholar. IDEAS/REPEC.


Work in progress.


The Puzzling Behavior of Spreads during Covid. (With Stelios Fourakis.)

Latest Draft: May 2024.

Slides.


Minimum Wages and Labor Markets in the Twin Cities. (With Jeremy Lise and Anusha Nath.)

Latest Draft: August 2023.

Slides.


Capital Depreciation and Labor Shares Around the World: Measurement and Implications. (With Brent Neiman.)

Latest Draft: October 2014.

Slides.

Shorter Presentation.

Appendix.


Publications.


Perspectives on the Labor Share.

Journal of Economic Perspectives, 38(2), 107-136, Spring 2024.

Appendix.

Replication Material.


The Macroeconomics of the Greek Depression. (With Gabriel Chodorow-Reich and Rohan Kekre.)

American Economic Review, 113(9), 2411-2457, September 2023.

Slides.

Appendix.

Replication Material.


Reparations and Persistent Racial Wealth Gaps. (With Job Boerma.)

NBER Macroeconomics Annual, 37, 171-221, April 2022.

Slides.


Inferring Inequality with Home Production. (With Job Boerma.)

Econometrica, 89(5), 2517-2559, September 2021.

Slides.

Appendix.

Replication Material.


Comment on "From Mancession to Shecession."

NBER Macroeconomics Annual, 36, 158-172, April 2021.

Slides.

Replication Material.


Labor Market Trends and the Changing Value of Time. (With Job Boerma.)

Journal of Economic Dynamics and Control, 115, 103885, June 2020.


The Macro Effects of Unemployment Benefit Extensions: A Measurement Error Approach. (With Gabriel Chodorow-Reich and John Coglianese.)

Quarterly Journal of Economics, 134(1), 227-279, February 2019.

Slides.

Appendix.

Replication Material.

Reply to Hagedorn, Manovskii, and Mitman.

Reply to Manovskii's discussion at the EF&G.


Accounting for Factorless Income. (With Brent Neiman.)

NBER Macroeconomics Annual, 33, 167-228, April 2018.

Slides.

Replication Material.


Capital Allocation and Productivity in South Europe. (With Gita Gopinath, Sebnem Kalemli-Ozcan, and Carolina Villegas-Sanchez.)

Quarterly Journal of Economics, 132(4), 1915-1967, November 2017.

Slides.

Appendix.

Replication Material.


The Global Rise of Corporate Saving. (With Peter Chen and Brent Neiman.)

Journal of Monetary Economics, 89, 1-19, August 2017.

Slides.

Appendix.

Dataset.


The Cyclicality of the Opportunity Cost of Employment. (With Gabriel Chodorow-Reich.)

Journal of Political Economy, 124(6), 1563-1618, December 2016.

Slides.

Appendix.

Dataset.

Replication Material.


Home Production, Labor Wedges, and International Business Cycles.

Journal of Monetary Economics, 64, 68-84, May 2014.

Slides.

Appendix.


The Labor Wedge: MRS vs. MPN.

Review of Economic Dynamics, 17(2), 206-223, April 2014.

Labor Wedge Dataset.

Replication Material.

Corrigendum.


The Global Decline of the Labor Share. (With Brent Neiman.)

Quarterly Journal of Economics, 129(1), 61-103, February 2014.

Slides.

Shorter Presentation.

Labor Share Dataset.

Replication Material.


Time Use During the Great Recession. (With Mark Aguiar and Erik Hurst.)

American Economic Review, 103(5), 1664-1696, August 2013.

Appendix.

Replication Material.


The Life-Cycle Profile of Time Spent on Job Search. (With Mark Aguiar and Erik Hurst.)

American Economic Review, Papers and Proceedings, 103(3), 111-116, May 2013.

Slides.


Recent Developments in the Economics of Time Use. (With Mark Aguiar and Erik Hurst.)

Annual Review of Economics, 4(1), 373-397, July 2012.


One Dollar, One Vote.

Economic Journal, 121(553), 621-651, June 2011.


Gender-Based Taxation and the Division of Family Chores. (With Alberto Alesina and Andrea Ichino.)

American Economic Journal: Economic Policy, 3(2), 1-40, May 2011.


The Political Economy of Intergenerational Income Mobility. (With Andrea Ichino and Enrico Moretti.)

Economic Inquiry, 49(1), 47-69, January 2011.

Reports and research summaries.


The Saint Paul Minimum Wage Increase: Baseline Report. (With Jeremy Lise and Anusha Nath.)

Commissioned by the City of Saint Paul, September 2020.


The Minneapolis Minimum Wage Increase: Baseline Report. (With Jeremy Lise and Anusha Nath.)

Commissioned by the City of Minneapolis, September 2018.

Slides.


Trends in Factor Shares: Facts and Implications. (With Brent Neiman.)

NBER Reporter, 4, December 2017.


The Research Agenda: The Evolution of Factor Shares. (With Brent Neiman.)

Economic Dynamics Newsletter, 15(2), November 2014.

Online Link.


Selected speeches and discussions.

The Macroeconomics of South Europe since the Euro. (German Bernacer Prize Workshop.)

Estimating the Cost of Capital and the Profit Share. (By van Vlokhoven; CEPR Macro & Growth Programme Meeting.)

The Cyclicality of the Price-Cost Markup. (By Nekarda and Ramey; FRB NY / JMCB Conference.)

Labor Share Decline and Superstar Firms. (By Autor, Dorn, Katz, Patterson, and Van Reenen; FRB Atlanta Employment Conference.)

Labor Mobility in Currency Union. (By House, Proebsting, and Tesar; FRB Dallas International Conference.)

Rise of Monopoly Power. (By Eggertsson, Robbins, and Wold; NBER EF&G.)

Belief-Driven Business Cycles. (By Kozlowski, Veldkamp, and Venkateswaran; FRB Minneapolis.)

Labor Share Decline and IPP Capital. (By Koh, Santaeulalia-Llopis, and Zheng; NBER EF&G.)

Emerging Economies and Global Stability. (by Quadrini; NBER International Finance.)

Elasticity of Substitution in Production. (By Oberfield and Raval; NBER Economic Growth.)


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