Research + CV

December, 2018

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Contact Information

Senior Research Economist

Federal Reserve Bank of Minneapolis



2018 - Senior Research Economist, Federal Reserve Bank of Minneapolis

2017-2018 Senior Scholar, Opportunity and Inclusive Growth Institute, Federal Reserve Bank of Minneapolis

2010-2017 Assistant Professor, Arizona State University

2007-2010 Assistant Professor, Clemson University


2007 PhD in Economics, Stanford University

2002 B.S. in Economics, Ohio State University

Published and Forthcoming Papers

"Life-Cycle Human Capital Accumulation Across Countries: Lessons from U.S. Immigrants” (with D. Lagakos, B. Moll, T. Porzio, and N. Qian). Journal of Human Capital, 2018, 12(2), 305-342.

"Human Capital and Development Accounting: New Evidence from Wage Gains at Migration" (with L. Hendricks). Quarterly Journal of Economics, 2018, 133(2), 665-700.

"Life-Cycle Wage Growth Across Countries" (with D. Lagakos, B. Moll, T. Porzio, and N. Qian). Journal of Political Economy, 2018, 126(2), 797-849.

"Wages, Human Capital, and Barriers to Structural Transformation" (with B. Herrendorf). American Economic Journal: Macroeconomics, 2018, 10(2), 1-23.

"Early Childhood Human Capital and Development", American Economic Journal: Macroeconomics, 2016, 8(3), 145-174.

"Why is Measured Productivity so Low in Agriculture?" (with B. Herrendorf). Review of Economic Dynamics, 2015, 18(4), 1003-1022.

"Environmental Regulations and the Welfare Effects of Job Layoffs in the United States: A Spatial Approach" (with N. Kuminoff and C. Timmins). Review of Environmental Economics and Policy, 2015, 9(2), 198-218.

"Student Abilities During the Expansion of U.S. Education" (with L. Hendricks). Journal of Monetary Economics, 2014, 63(2), 19-36.

"Families as Roommates: Changes in U.S. Household Size from 1850 to 2000" (with A. Salcedo and M. Tertilt). Quantitative Economics, 2012, 3(1), 133-175.

"Education Quality and Development Accounting", Review of Economic Studies, 2012, 79(1), 388-417.

"The Occupations and Human Capital of U.S. Immigrants", Journal of Human Capital, 2010, 4(1), 1-34.

"Marriage Laws and Growth in Sub-Saharan Africa" (with M. Tertilt), American Economic Review Papers and Proceedings, 2006, 96(2), 295-298.

Working Papers

"College Quality and Attendance Patterns: A Long-Run View" (with C. Herrington and L. Hendricks). October 2018. Submitted.

"Structural Transformation by Cohort" (with B. Hobijn and A. Vindas). November 2018.

"Labor Market Flows and Development" (with K. Donovan and W. Lu).

Research in Progress

Education and Public Sector Employment (with A. Rivadeneira)

Academic Visits

Federal Reserve Bank of St. Louis (2016, 2013, 2012, 2011)

Federal Reserve Bank of Minneapolis (2012)

Invited Seminars

2018: Toronto, Atlanta Fed, Alberta, British Columbia, Connecticut, Warwick, Royal Holloway, Queen Mary, Cornell

2017: Oslo, UAB, IIES, Western Ontario

2016: Philly Fed, Chicago Fed, St. Louis Fed, Pittsburgh, Notre Dame

2015: ITAM, Getulio Vargas Foundation (Rio)

2014: Ottawa, Berkeley, Konstanz, Zurich, Mannheim, Frankfurt, UC - San Diego, Purdue, Indiana, Notre Dame

2013: Western Ontario, Toronto, York, British Columbia

2012: Minneapolis Fed, Ohio State, UC - Davis

2011: St. Louis Fed

2010: Arizona State, Cleveland State, South Carolina, Florida International

2009: Temple

2008: North Carolina, Cleveland Fed

2007: Illinois, Oxford (Nuffield), Missouri, Western Ontario, Clemson

Conference Presentations

2018: SED, Macroeconomics and Business CYCLE, Canadian Macro Study Group

2017: Conference on Human Capital and Financial Frictions (Georgetown); Thinking Big Conference on Macroeconomics; SED; Edinburgh Workshop on Agricultural Productivity, Rural-Urban Migration, and Structural Transformation; Philadelphia Search and Matching

2016: NBER EFJK Meeting; CIREQ Human Capital and Inequality Conference; SED

2015: Midwest Macro Meetings; SED; Conference in honor of the Life and Work of Gary Becker; NBER Time & Space; HKUST Conference on Urbanization, Structural Change, and Employment

2014: SED; RIDGE Workshop on Productivity Growth, Resource Misallocation and Development

2013: NBER EFJK Meeting; SED; Tsinghua Workshop in Macroeconomics, Growth and Development Conference (St. Louis); Vienna Macroeconomics Workshop; ASU Conference on the Development of Human Capital

2012: SED, Midwest Macro; Growth and Development Conference (Toronto); NBER EFJK Winter Meeting

2011: Midwest Macro; SED

2010: SED; NBER/BREAD Conference on Economic Development; LACEA TIGN Conference; Southern Growth Conference

2009: Econometric Society Winter Meeting; NBER Time & Space; Midwest Macro; Econometric Society Summer Meeting; SED

2008: Midwest Macro

2007: Midwest Macro; SED; Growth and Development Conference (Pittsburgh)


PhD: Growth and Development Topics Course

MBA: Macro/International

Undergraduate: Principles of Macro, Intermediate Macro, Growth and Development, International Economics, Trade


Outstanding Referee, Journal of Economic Dynamics and Control, 2014

Centennial Teaching Assistant Award for excellent graduate teaching assistant in the School of Social Sciences – Stanford, 2007

Kelly Fellowship for Outstanding Job Market Candidate, Stanford University, 2006

Outstanding Teaching Assistant Award – Stanford, Winter 2004, Spring 2005, and Autumn 2006

PhD Advising

Alberto Rivera-Padila (current)

Alex Rivadeneira (current)

Minjuan Sun (2018, Future-Moves Group)

Rishabh Sinha (2015, co-advisor, World Bank Research Division)

PhD Committee

David Bradley (current)

Ryan Wessel (2017, LDS Institute of Religion)

Adam Blandin (2016, Virginia Commonwealth University)

Xican Xi (2016, Fudan University)

Andy Ge (2015, Chinese Security Regulatory Committee)

Jaehan Cho (2014, Korea Institute for Industrial Economics and Trade)

Chris Herrington (2013, University of South Alabama)

Kevin Donovan (2013, Notre Dame)

Paul Schreck (2011, analyst position at Minneapolis Fed)

External PhD Committee Member

Hakki Lee (2016, PhD from University of Pittsburgh)

Dozie Okoye (2013, PhD from Western Ontario)


"Structural Change in Investment and Consumption: A Unified Approach" by Herrendorf, Rogerson, and Valentinyi (NBER Economic Growth Small Group, Winter 2018)

"The Rise of Meritocracy and the Inheritance of Advantage" by Comerford, Rodriguez Mora, and Watts (Vienna Macro Cafe, 2016)

"Explaining Cross-Cohort Differences in Life-Cycle Earnings", by Kong, Ravikumar, and Vandenbroucke (Vienna Macro Cafe, 2015)

“The Agricultural Productivity Gap in Developing Countries” by Gollin, Lagakos, and Waugh (AEA, 2013)

“Human Capital Portfolios” by Silos and Smith (CMSG, 2012)

“Equilibrium Effects of Education Policies: A Quantitative Evaluation” by Gallipoli, Meghir, and Violante (CIREQ, 2011)

Other Professional Activities

Program Committee, SED, 2012–2015

Co-organizer, Young Scholars Conference on Growth and Development at ASU, 2016

Co-organizer, Conference on Public Policy from School to Retirement at ASU, 2013

Co-organizer, Quantitative Macroeconomics Conference at ASU, 2012

Co-organizer, ASU Macroeconomics Reunion Conference, 2012

Co-organizer, Conference on Human Capital at ASU, 2011