My research seeks to advance two core research agendas. The first addresses the question of understanding the large disparities in living standards across countries. The second provides an avenue for rationalizing the large differences through focusing on (mis)allocation of factor inputs across heterogenous production units.

My current work aims to improve our understanding of the impact financial frictions have on aggregate productivity, investment in productivity, and average firm size. In particular, I focus on the impact of financial frictions on newly-formed firms.

Recent Projects

Financial Frictions, Misallocation, and Average Firm-Size

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Productivity Losses from Financial Frictions: Self-Financing, Growth and Endogenous Productivity

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The roles of Time and Cohort Effects in Rising Wealth Inequality

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