Research


Publications

Entry and Exit, Multi-Product Firms, and Allocative Distortions accepted subject to revision, American Economic Journals: Macroeconomics (supersedes "Entry, Exit, and Misallocation Frictions"), May 2017

The Anatomy of a Credit Crunch: from Capital to Labor Markets, with Francisco Buera and Yongseok Shin, Review of Economic Dynamics, January 2015

Entry, Trade Costs and International Business Cycles with Jose Ignacio Lopez,  Journal of International Economics 94 (2014), 224-238


Working Papers

The Dynamics of Development: Innovation, and Reallocation, with Francisco Buera, April 2017

Taxing the Good? Distortions, Productivity, and Misallocation in Sub-Saharan Africa, with Xavier Cirera and Hibret Maemir, January 2017, revise and resubmit at World Bank Economic Review

Constrained Optimality and the Welfare Effects of Misallocation with Hugo Hopenhayn, (Preliminary draft, July 2012)