Research

Research

My research lies at the intersection of macroeconomics, economic growth, and international trade. I study how firms, innovation, and the movement of people and ideas shape trade patterns, reallocation, and aggregate growth.

Job Market Paper

Old Roots, New Routes: The Trade Patterns of Immigrant-Founded Firms

With Berkay Saygin

This project studies the role of immigrant-founded firms in shaping international trade patterns, connecting founders’ roots to the markets their firms serve.

Publications

A Comment on: “Low Interest Rates, Market Power, and Productivity Growth”

With Jonathan Goldberg and David López-Salido

Published in Econometrica (2023).
Publication

Working Papers and Current Research

The innovator’s risk premium: Sticky hurdle rates, the cost of capital, and creative destruction

With Jonathan Goldberg and David López-Salido

Revise and resubmit at the Journal of Financial Economics.
Paper

The Geography of Innovative Firms

With Benny Kleinman and Marta Prato

NBER Working Paper 34010

Attention (and Money) Is All You Need: Why Universities Are Struggling to Keep AI Talent

With Ufuk Akcigit, Emin Dinlersoz, and Nathan Goldschlag

NBER Working Paper 34964

Trade and Decelerating Reallocation

Third-year paper, awarded the 2024 George S. Tolley Prize.
Paper

Creative Destruction When Ideas Are Harder to Find

With Jonathan Goldberg and David López-Salido

Measuring the Characteristics and Employment Dynamics of U.S. Scientists

With Ufuk Akcigit, Emin Dinlersoz, and Nathan Goldschlag

Risk Premia and Fed Purchases in the Corporate Bond Market

With Jonathan Goldberg

Technical Publications

Dealer Inventory Constraints in the Corporate Bond Market during the COVID Crisis

With Jonathan Goldberg. Federal Reserve Board FEDS Note (2021).
FEDS Note