Journal Publications

"Technology and the task content of jobs across the development spectrum"
with  Julieta Caunedo and  Elisa Keller
World Bank Economic Review, forthcoming

"COVID-19 doesn’t need lockdowns to destroy jobs: The effect of local outbreaks in Korea"
with  Sangmin Aum and  Sang Yoon Lee
Labour Economics, June 2021, 101993

"Inequality of fear and self-quarantine: Is there a trade-off between GDP and public health?"
with  Sangmin Aum and  Sang Yoon Lee
Journal of Public Economics, February 2021, 104354

"The macroeconomics of microfinance"
with Francisco J. Buera and  Joseph P. Kaboski
Review of Economic Studies, January 2021

"Finance and economic development in the very long run: A review essay"
Journal of Economic Literature, December 2018, pp. 1577-86

"Computerizing industries and routinizing jobs: Explaining trends in aggregate productivity"
with  Sangmin Aum and  Sang Yoon Lee
Journal of Monetary Economics, August 2018, pp. 1-21

"Productivity growth and capital flows: The dynamics of reforms"
with Francisco J. Buera
American Economic Journal-Macroeconomics, July 2017, pp. 147-85

"Entrepreneurship and financial frictions: A macro-development perspective"
with Francisco J. Buera and  Joseph P. Kaboski
Annual Review of Economics, August 2015, pp. 409-36

"Anatomy of a credit crunch: From capital to labor markets"
with Francisco J. Buera and  Roberto Fattal-Jaef
Review of Economic Dynamics, Jan 2015, Vol. 18, No. 1, pp. 101-117

"Macro-perspective on asset grants programs: Occupational and wealth mobility"
with Francisco J. Buera and  Joseph P. Kaboski
American Economic Review: Papers and Proceedings, May 2014, pp. 159-64

"Financial Frictions and the Persistence of History: A Quantitative Exploration"
with Francisco J. Buera
Journal of Political Economy, Apr 2013, Vol. 121, No. 2, pp. 221-272

"Well-Intended Policies"
with Francisco J. Buera and  Benjamin Moll
Review of Economic Dynamics, Jan 2013, Vol. 16, No. 1, pp. 216-230

"Estimation of Dynamic Models with Nonparametric Simulated Maximum Likelihood"
with  Dennis Kristensen
Journal of Econometrics, Mar 2012, Vol. 167, No. 1, pp. 76-94

"The Impact of Resource Misallocation: The Chinese Example"
SERI Quarterly, Jan 2012, Vol. 5, No. 1

"Finance and Development: A Tale of Two Sectors"
with Francisco J. Buera and  Joseph P. Kaboski
American Economic Review, Aug 2011, Vol. 101, No. 5, pp. 1964-2002

"Self-insurance vs. Self-financing: A Welfare Analysis of the Persistence of Shocks"
with Francisco J. Buera
Journal of Economic Theory, Vol. 146, No. 3, pp. 845-62

"Does Transparency Pay?"
with  Rachel Glennerster
IMF Staff Papers, Vol. 55, No. 1, pp. 183-209

"Managing the Maturity Structure of Government Debt"
Journal of Monetary Economics, Vol. 54, No. 6, pp. 1565-71