Research

Dr. Leukhina is a macro/growth economist. She has made important contributions to the study of the long-run process of economic development, structural transformation, demographic change and female labor supply. She has also studied the implications of information frictions for financial markets and for inequality more broadly. Most recently, her work has focused on questions pertaining to human capital accumulation in college.

Research Interests: Growth and Inequality, Human Capital Accumulation, Structural Change, Labor and Demographics, Information Frictions

 W O R K I N G   P A P E R S 


Insurance and Inequality with Persistent Private Information, with Alexander Bloedel and R. Vijay Krishna 

Supplemental Appendix 

Second R&R, Econometrica


The Equity-Efficiency Tradeoff in Meritocratic College Admissions, with Lutz Hendricks and Tatyana Koreshkova.


Gender Gap, with Guillaume Vandenbroucke.

 

“Sorting of Students into Colleges: Inefficiencies and Policy Implications,” with Lutz Hendricks and Tatyana Koreshkova.

 

“Why Is Agricultural Productivity So Low in Poor Countries? The Case of India,” with Md. Mahbub Rahman.

 



 P U B L I C A T I O N S

These papers are copyrighted.  A single copy may be downloaded and printed for the reader’s personal research and study only.  No other use is permitted. 


The Changing Role of Family Income in College Selection and Beyond

Oksana Leukhina

Federal Reserve Bank of St. Louis Review, Third Quarter, 2023, pp. 198-222


Home Production and Leisure During the COVID-19 Recession

Oksana Leukhina and Zhixiu Yu

The B.E. Journal of Macroeconomics, Special Issue on The Macroeconomic Implications of the Covid-19 Pandemic, vol. 22, no. 1, 2022, pp. 269-306

https://doi.org/10.1515/bejm-2020-0271


Imperfect Information Transmission from Banks to Investors: Macroeconomic Implications

Nicolás Figueroa, Oksana Leukhina and Carlos Ramirez

Journal of Monetary Economics, Elsevier, vol. 118, March 2021, pages 87-98

https://doi.org/10.1016/j.jmoneco.2019.12.002


On the Benefits of Currency Reform 

Oksana Leukhina and Vijay Krishna

Journal of Economic Dynamics and Control,  Elsevier, vol. 102, May 2019, pages 81-95

https://doi.org/10.1016/j.jedc.2019.04.001


Why Did Rich Families Increase their Fertility? Inequality and Marketization of Child Care

Michael Bar, Moshe Hazan, Oksana Leukhina, David Weiss and Hosny Zoaby

Journal of Economic Growth,  Springer, vol. 23(4), December 2018, pages 427–463

https://doi.org/10.1007/s10887-018-9160-8

Vox Article    Free Network Policy Brief


The Return to College: Selection and Dropout Risk

Lutz Hendricks and Oksana Leukhina

International Economic Review,  Wiley, vol. 59(3) ,  August 2018, pages 1077-1102 

https://doi.org/10.1111/iere.12297

ONLINE APPENDIX       SLIDES

 

Cash Flows and Credit Cycles 

Nicolás Figueroa and Oksana Leukhina

Journal of Banking and Finance, Elsevier, vol. 87, February 2018, pages 318–332

https://doi.org/10.1016/j.jbankfin.2017.10.013

ONLINE APPENDIX


How Risky is College Investment? 

Lutz Hendricks and Oksana Leukhina

Review of Economic Dynamics, Elsevier, vol. 26, October 2017, pages 140-163

https://doi.org/10.1016/j.red.2017.03.003


Population Size Effects in the Structural Development of England 

Oksana Leukhina and Stephen Turnovsky

American Economic Journal: Macroeconomics, American Economic Association, vol. 8(3), July 2016, pages 195-229

http://doi.org/10.1257/mac.20140032 


Push, Pull, and Population Size Effects in Structural Development: Long-run Tradeoffs

Oksana Leukhina and Stephen Turnovsky

Journal of Demographic Economics, Cambridge University Press, vol. 82(4), December 2016, pages 423-457

https://doi.org/10.1017/dem.2016.18


Gender Wage Gap Accounting: the Role of Selection Bias

Michael Bar, Seik Kim and Oksana Leukhina

Demography, Springer,  vol. 52(5), October 2015, pages 1729-1750

https://doi.org/10.1007/s13524-015-0418-x


Lending Terms and Aggregate Productivity

Nicolás Figueroa and Oksana Leukhina

Journal of Economic Dynamics and Control,  Elsevier, vol. 59, October 2015, pages 1-21

https://doi.org/10.1016/j.jedc.2015.07.001


Risk-Sharing within Families: Evidence from the Health and Retirement Study

Nuray Akin and Oksana Leukhina

Journal of Economic Dynamics and Control, Elsevier, vol. 52, March 2015, pages 270-284

https://doi.org/10.1016/j.jedc.2014.12.005

 


On the Time Allocation of Married Couples since 1960

Michael Bar and Oksana Leukhina

Journal of Macroeconomics,  Elsevier, vol. 33(4), December 2011, pages 491-510

https://doi.org/10.1016/j.jmacro.2011.04.001

ONLINE APPENDIX


The Role of Mortality in the Transmission of Knowledge

Michael Bar and Oksana Leukhina

Journal of Economic Growth, Springer, vol. 15(4), December 2010, pages 291-321

https://doi.org/10.1007/s10887-010-9059-5

ONLINE APPENDIX


Demographic Transition and Industrial Revolution: A Macroeconomic Investigation 

Michael Bar and Oksana Leukhina

Review of Economic Dynamics, Elsevier, vol. 13(2), April 2010, pages 424-451 

https://doi.org/10.1016/j.red.2009.03.002

ONLINE APPENDIX SLIDES


To Work or Not to Work: Did Tax Reforms Affect Labor Force Participation of Married Couples?

Michael Bar and Oksana Leukhina

The B.E. Journal of Macroeconomics (Contributions), De Gruyter, vol. 9(1), 2009 

https://doi.org/10.2202/1935-1690.1807

ONLINE APPENDIX