Research

Publications 

Spatial Sorting (with Jan Eeckhout and Kurt Schmidheiny)

Journal of Political Economy, 122(3), 554-620

Diverse Organizations and Competition for Talent (with Jan Eeckhout)

International Economic Review 55(3), 625-664

Unemployment Risk and Wage Differentials (with Ludo Visschers)

Journal of Economic Theory 157, 397-424

CEOs in Family Firms: Does Junior Know What He's Doing? (with Chris Yung)

Journal of Corporate Finance 33, 345-361

Health Insurance as a Productive Factor (with Allan Dizioli)

Labour Economics 40, 1-24 

Venture Capital and Underpricing: Capacity Constraints and Early Sales 

Annals of Finance 14(1), 1-47 

The dynamics of earnings management in IPOs and the role of venture capital (with Gledson de Carvalho and Joelson Sampaio)

Research in International Business and Finance 51, 101084

Information and Inequality in the Time of a Pandemic (with Allan Dizioli) 

Journal of Economic Dynamics and Control 130, 104202, September 2021



Labor Market Competition Over the Business Cycle (with Daniel Monte) 

Economic Inquiry 59(4), 1593-1615 



Information Production, Misconduct Effort, and the Duration of Financial Misrepresentation (with Jon Black, Mattias Nilsson, and Max da Silva) 

Journal of  Law, Finance, and Accounting 6(2), 263-314



Rival Growth Prospects and Equity Prices: Evidence from Mass Layoff Announcements (with Adam Bordeman and Bharadwaj Kannan) Appendix Internet Appendix

Journal of Money, Credit, and Banking 53(8), 1969-1997

Working Papers


A Spanner in the Works: Restricting Labor Mobility and the Inevitable Capital-Labor Substitution (with B. Kannan and H. Turtle)

This version: February 2024

The Hedgehog's Curse: Knowledge Specialization and Displacement Loss (with V. Hernandez-Martinez and H. Holter)

This version: March 2024

IT and Urban Polarization (with J. Eeckhout and C. Hedtrich)

This version: March 2024 Conditionally Accepted at  AEJ: Macro

Firms, Skills, and Wage Inequality (with M. Tasci)

This version: February 2022      

Competition in Costly Information Intermediation: Quality vs. Spillovers (with D. Monte)

This version: November 2018   Previous Version with Additional Extensions

Work in Progress


Industry, Tasks, and the Labor Force (with H. Holter and  J-P Siedlarek)

Other Papers

Inequality is an urban affair, and it's due to new tech (with J. Eeckhout and C. Hedtrich)

VoxEU - October 2021

US Labor Market after COVID-19: An Interim Report (with M. DeLuca)

Cleveland Fed Economic Commentary - February 2023

How Sure Can We Be about a COVID-19 Test Result if the Tests Are Not Perfectly Accurate? (with A. Dizioli)

Cleveland Fed Economic Commentary - May 2021

The 1918 Flu and COVID-19 Pandemics: Different Patients, Different Economy (with R. Cohen-Kristiansen)

Cleveland Fed Economic Commentary - July 2020

Revisiting Wage Growth after the Recession (with M. Yang)

Cleveland Fed Economic Commentary - January 2020

The Evolution of the Labor Share across Developed Countries (with M. Yang)

Cleveland Fed Economic Commentary - August 2018

Do Foreign-Born Workers Cause Native-Born Workers To Move or Leave the Labor Force? (with A. Dizioli)

Cleveland Fed Economic Commentary - November 2017

Wage Growth after the Great Recession (with M. Yang)

Cleveland Fed Economic Commentary - March 2017

Dotcom Extreme Underpricing (with A. G. Carvalho and J. Sampaio)

This version: July 2017

Dotcom Price Spiral (with A. G. Carvalho and J. Sampaio)

This version: July 2017