Publications
"What are the Price Effects of Trade? Evidence from the U.S." (with Xavier Jaravel)
Review of Economics and Statistics, conditionally accepted.
Press: Wall Street Journal, National Review, Marginal Revolution, VoxEU, Foreign Affairs, Realtime Economics,
CEA 2023 Report, CEA 2024 Report
[CEPR Discussion Paper] [FEDS Working Paper]
"Optimal Public Debt with Life Cycle Motives" (with Will Peterman)
AEJ: Macroeconomics, 2022, 14 (4), 404-437.
Press: Bloomberg Businessweek
"The Double EMG Distribution and Trade Elasticities" (with Olga Timoshenko)
Canadian Journal of Economics, 2019, 52 (4), 1523-1557.
"What Has Homeland Security Cost? An Assessment: 2001-2005."(with Bart Hobijn)
Federal Reserve Bank of New York: Current Issues in Economics and Finance. Vol. 13, No. 2, February, 2007.
Review of Economics and Statistics, conditionally accepted.
Press: Wall Street Journal, National Review, Marginal Revolution, VoxEU, Foreign Affairs, Realtime Economics,
CEA 2023 Report, CEA 2024 Report
[CEPR Discussion Paper] [FEDS Working Paper]
"Optimal Public Debt with Life Cycle Motives" (with Will Peterman)
AEJ: Macroeconomics, 2022, 14 (4), 404-437.
Press: Bloomberg Businessweek
"The Double EMG Distribution and Trade Elasticities" (with Olga Timoshenko)
Canadian Journal of Economics, 2019, 52 (4), 1523-1557.
"What Has Homeland Security Cost? An Assessment: 2001-2005."(with Bart Hobijn)
Federal Reserve Bank of New York: Current Issues in Economics and Finance. Vol. 13, No. 2, February, 2007.
Working Papers
"Public Debt and Interest Rates" (with Will Peterman)
This Version: December 2025
"Demand Uncertainty, Selection, and Trade" (with Olga Timoshenko)
International Economic Review, revise and resubmit.
This Version: August 2024
"Firm Growth Through New Establishments" (with Dan Cao, Henry Hyatt, and Toshi Mukoyama)
Review of Economic Studies, reject and resubmit.
This Version: February 2022
[GCER Working Paper] [SSRN]
"A New Vehicles Transaction Price Index" (with Brendan Williams)
This Version: May 2019
Bureau of Labor Statistics Experimental Price Index [link here]
Press: Bloomberg
"Solving the Incomplete Markets Model with Aggregate Uncertainty: The Method of Mixture Distributions"
This Version: March 2016
"Development, Volatility and Intertemporal Distortions"
[Older Working Paper]
"On the Irrelevance of Cross-Firm Misallocation in Low-Income Countries"
[Older Working Paper] [Slides]
This Version: December 2025
"Demand Uncertainty, Selection, and Trade" (with Olga Timoshenko)
International Economic Review, revise and resubmit.
This Version: August 2024
"Firm Growth Through New Establishments" (with Dan Cao, Henry Hyatt, and Toshi Mukoyama)
Review of Economic Studies, reject and resubmit.
This Version: February 2022
[GCER Working Paper] [SSRN]
"A New Vehicles Transaction Price Index" (with Brendan Williams)
This Version: May 2019
Bureau of Labor Statistics Experimental Price Index [link here]
Press: Bloomberg
"Solving the Incomplete Markets Model with Aggregate Uncertainty: The Method of Mixture Distributions"
This Version: March 2016
"Development, Volatility and Intertemporal Distortions"
[Older Working Paper]
"On the Irrelevance of Cross-Firm Misallocation in Low-Income Countries"
[Older Working Paper] [Slides]
Discussions
"The Secular Decline in Business Dynamism in the US" by Ryan Decker, John Haltiwanger, Ron Jarmin and Javier Miranda.
[Slides]
[Slides]
