This 2006 *American Economic Review* paper (circulated as NBER Working Paper 10592, June 2004) asks a question its own abstract answers in one word -- "Yes" -- are technology improvements …
PublishedQuarterly Journal of EconomicsOnline 23 Jun 2025Published Oct 2025
Why do observed international investment positions and cross-country differences in rates of return to capital fail to conform to a frictionless capital-market benchmark? The paper asks how large the …
Online FirstJournal of Money, Credit and BankingOnline 28 Jul 2026
This paper asks how population aging changes the distribution of income and wealth, using a continuous-time overlapping-generations model in which persistent growth in per capita income is sustained …
This paper asks whether informal redistributive pressure — the social obligation to share earned income with kin and social networks — distorts labor supply in low-income communities. The authors …