Brent Neiman

Professor of Economics

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Publications (Includes Forthcoming/Accepted Papers)

• "Tariff Passthrough at the Border and at the Store: Evidence from US Trade Policy" (with Alberto Cavallo, Gita Gopinath, and Jenny Tang)
  April 2020
  American Economic Review: Insights, Accepted
  Short Version: Paper and Appendix.
  Coverage: Featured in The New York Times here and here, The Wall Street Journal here and here, The Financial Times, The Washington Post, Congressional Quarterly, IMF Blog, HBS Working Knowledge, CNN (Jake Tapper's State of the Union), and Forbes.
• "How Many Jobs Can be Done at Home?" (with Jonathan Dingel)
  Covid Economics, Vetted and Real-Time Papers, 2020, Issue 1, p.16-24.
  Data: Results by City, Industry, Occupation, and Country.
  Code: Replication Package.
  Coverage: Featured in The Economist Magazine, The Wall Street Journal here and here, Forbes, Business Insider, International Business Times, and Journalist's Resource. Columns in Pro-Market Blog and VoxEU.org.

• "International Currencies and Capital Allocation" (with Matteo Maggiori and Jesse Schreger)
  April 2019
  Journal of Political Economy, Accepted
  Winner of AQR Insight Award
  Short Video Presentation (5 mins): web link or mp4 file.
  Appendix: Online Appendix.
  Replication: Download Zip File.
  Slides: Presentation Slides.
  Coverage: Column in VoxEU.org. Featured in The Wall Street Journal, Forbes, NBER Digest, Pensions&Investments, World Economic Forum, Marketwatch (2018) and Marketwatch (2019), and La Nacion.

• "The Rise of the Dollar and Fall of the Euro as International Currencies" (with Matteo Maggiori and Jesse Schreger)
  AEA Papers and Proceedings, 2019, Volume 109, p.521-526.
  Appendix: Online Appendix.
  Replication: Replication Package.
  

• "Accounting for Factorless Income" (with Loukas Karabarbounis)
  NBER Macroeconomics Annual, 2018, Volume 33, p.167-228.
  Video Presentation (20 mins): web link or mp4 file.
  Slides: Presentation Slides.
  Replication: Download Zip File.
  Coverage: Featured in The Financial Times and Bloomberg. Columns in Pro-Market Blog and VoxEU.org.

• "The Global Rise of Corporate Saving" (with Peter Chen and Loukas Karabarbounis)
  Journal of Monetary Economics, 2017, 89, p.1-19.
  Data: CKN Online Dataset.
  Appendix: Online Appendix.
  Slides: Presentation Slides.
  Coverage: Featured in The Economist, Slate Magazine, Project Syndicate, The Washington Post, and the Chicago Magazine. Guest Contribution in EconBrowser.
  Parts of this paper update our earlier working paper "Declining Labor Shares and the Global Rise of Corporate Saving"
  
• "Obstfeld and Rogoff's International Macro Puzzles: A Quantitative Assessment" (with Jonathan Eaton and Sam Kortum)
  Journal of Economic Dynamics and Control, 2016, 72, p.5-23.
  Note and Codes for Simplified Version of Model: Note. Codes.
  Slides: Presentation Slides.
  
• "Trade and the Global Recession" (with Jonathan Eaton, Sam Kortum, and John Romalis)
  American Economic Review, 2016, 106(11), p.3401-3438.
  Appendix: Online Appendix.
  Note and Codes for Simplified Version of Model: Note. Codes.
  Previous Version: Static Version.
  Slides: Presentation Slides.
  Coverage: Column in VoxEU.org. Featured in Marginal Revolution and Econbrowser.
• "The Price Impact of Joining a Currency Union: Evidence from Latvia" (with Alberto Cavallo and Roberto Rigobon)
  IMF Economic Review, 2015, 63(2), p.281-297. Lead Article.
  Data and Replication: Raw Data (via Harvard/MIT Dataverse). Replication Materials.
  Coverage: Column in VoxEU.org. Featured in Real World Economics Review Blog, Daily Mail, and Blog-Illusio (in French).
• "Currency Unions, Product Introductions, and the Real Exchange Rate" (with Alberto Cavallo and Roberto Rigobon)
  Quarterly Journal of Economics, 2014, 129(2), p.529-595.
  Data: Raw Data (via Harvard/MIT Dataverse).
  Appendix: Online Appendix.
  Slides: Presentation Slides.
  Coverage: Column in VoxEU.org. Featured in The New York Times, Forbes, Bloomberg, Diario Vasco (in Spanish), Forsal (in Polish), and El Confidencial (in Spanish).
  
• "The Global Decline of the Labor Share" (with Loukas Karabarbounis)
  Quarterly Journal of Economics, 2014, 129(1), p.61-103.
  Data and Replication: KN Labor Share Dataset. Replication Materials.
  Slides: Presentation Slides.
  Coverage: Featured in The Economist, The Economist, The Financial Times, The Financial Times (Undercover Economist), The New York Times, The New York Times (Economix), Houston Chronicle, Bloomberg, Bloomberg (The Ticker), The Atlantic, Foreign Affairs, and Insitutional Investor.
  
• "Trade Adjustment and Productivity in Large Crises" (with Gita Gopinath)
  American Economic Review, 2014, 104(3), p.793-831.
  Appendix: Online Appendix.
  Slides: Presentation Slides.
  Coverage: Featured in Foco Económico (in Spanish).
• "Discussant Comments on `The Decline of the U.S. Labor Share' by Elsby, Hobijn, and Sahin"
  Brookings Papers on Economic Activity, Fall 2013, p.56-61.
  Slides: Presentation Slides.
  
• "On Deficits and Unemployment" (with Jonathan Eaton and Sam Kortum)
  Revue Économique, 2013, 64(3), p.405-420.
  
• "Trade Prices and the Global Trade Collapse of 2008-2009" (with Gita Gopinath and Oleg Itskhoki)
  IMF Economic Review, 2012, 60(3), p.303-328. Lead Article.
  Coverage: Column in VoxEU.org.
• "A State-Dependent Model of Intermediate Goods Pricing"
  Journal of International Economics, 2011, 85(1), p.1-13. Lead Article.
  
• "Growth Accounting with Misallocation: Or, Doing Less with More in Singapore" (with John Fernald)
  American Economic Journal: Macroeconomics, 2011, 3(2), p.29-74.
• "Stickiness, Synchronization, and Passthrough in Intrafirm Trade Prices"
  Journal of Monetary Economics, 2010, 57(3), p.295-308.
  
• "The Impact of Post-9/11 Visa Policies on Travel to the United States" (with Phillip Swagel)
  Journal of International Economics, 2009, 78(1), p.86-99.