“Do Mergers Increase Markups? Evidence from U.S. Public Firms” (with Hokyu Song) [paper in pdf]
“Spatial Dispersion in Factor Shares: Evidence and Implications” (with Mikhail Zavarzin) [paper in pdf]
“Do Mergers Increase Markups? Evidence from U.S. Public Firms” (with Hokyu Song) [paper in pdf]
“Spatial Dispersion in Factor Shares: Evidence and Implications” (with Mikhail Zavarzin) [paper in pdf]
1. “Tax Progressivity and Mobility Costs” [paper in pdf] [online appendix], Regional Science and Urban Economics, September 2025
2. “Matching Pell Grants: Implications for College Debt and Parental Transfers,” with Patricia Beeson, Jessica LaVoice, and Marla Ripoll, American Economic Association Papers & Proceedings, May 2023 [paper in pdf] [online appendix]
3. “Geographic mobility and redistribution,” International Economic Review, March 2021 [paper in pdf] [online appendix]
4. “The impact of the Tax Cut and Jobs Act on the spatial distribution of high productivity households and economic welfare,” with Holger Sieg, Journal of Monetary Economics, August 2019 [paper in pdf]
5. “The political economy of municipal pension funding,” with Jeff Brinkman and Holger Sieg, American Economic Journal: Macroeconomics, July 2018 [paper in pdf]
6. “Fiscal centralization: theory and evidence from the Great Depression,” with Michael Wooley, American Economic Journal: Policy, May 2018 [paper in pdf], AEA's Chart of the week
7. “Explaining the evolution of educational attainment in the U.S.,” with Rui Castro, American Economic Journal: Macroeconomics, 2016 [paper in pdf]
8. “Human capital accumulation in a federation,” European Economic Review, 2015 [paper in pdf] [technical appendix in pdf] [data_files (zip)]
9. “Firm dynamics in an urban economy,” with Holger Sieg and Jeff Brinkman, International Economic Review, 2015 [paper in pdf]
10. Comment on “Vertical Fiscal Imbalances and Fiscal Performance in Advanced Economies,” Journal of Monetary Economics, May 2013 [paper in pdf]
11. “Immigration and spending on public education: California, 1970-2000,” Journal of Public Economics, 2011 [paper in pdf] [data files in zip]
12. “Understanding gross worker flows across U.S. states,” Journal of Monetary Economics, 2010 (October) [paper in pdf] [supplementary material in pdf]
13. “Owning capital or being shareholders: an equivalence result with incomplete markets,” with Eva Carceles-Poveda, Review of Economic Dynamics, 2010 [paper in pdf]
14. “The effect of household appliances on female labor force participation: evidence from microdata,” with A. Leon and S. Lugauer, Labour Economics, 2010 [paper in pdf]
15. “Shareholders’ unanimity with incomplete markets,” with Eva Carceles-Poveda, International Economic Review, 2009 [paper in pdf]
16. “Why have aggregate skilled hours become so cyclical since the mid-1980’s?,” with Rui Castro, International Economic Review, 2008 [paper in pdf] [data in Excel]
17. “Margin requirements and equilibrium asset prices,” Journal of Monetary Economics, 2005 [paper in pdf]
18. “Markups, aggregation and inventory adjustment,” American Economic Review, 2004 [paper in pdf]
19. “Effects of differences in risk aversion on the distribution of wealth,” Macroeconomic Dynamics, 2004 [paper in pdf]
20. “Compensations as signaling devices in the political economy of reforms,” with Rui Castro, International Economic Review, 2003 [paper in pdf]
21. “Market Failures, Education and Macroeconomics,” with Giuseppe Bertola, in G. Barba Navaretti, P. Dasgupta, K-G. Maler, D. Siniscalco (editors), Creation and Transfer of Knowledge: Institutions and Incentives, Berlin: Springer-Verlag, 1998, pp. 179-207