Recent papers:

• Market power and the aggregate saving rate (with A. Giusto) June 2016.
• Redistributive land reform and productivity May 2015.
• School Fees and Access to Primary Education: Assessing Four Decades of Policy in sub-Saharan Africa March 2015 (conditionally accepted at the Journal of African Economies).
• Allocative inefficiency and sectoral allocation of labor: Evidence from U.S. structural transformation, Economic Modelling, vol. 43, 2014, pp. 305-320.
• Windfall resource income, productivity growth, and manufacturing employment, Open Economies Review, published online 27 September 2014 (previously circulated as Shrinking Manufacturing Employment in Canada: Dutch Disease or Structural Change?).
• Changes in the terms of trade and sectoral reallocation of labor: The case of Guyana, Jamaica, and Trinidad and Tobago. Open Economies Review, vol. 23, no. 3, 2012, pp. 473--500. (WP version)
• Distortions, structural change, and economic growth (with B. Dennis), American Journal of Agricultural Economics, vol. 93, no. 3, 2011, pp. 885-905. Online Appendix. Additional results: Threshold regressions, and Sensitivity results. (WP version)
• Aggregate saving and income inequality: What are the links? June 2010.
• Productivity growth and the U.S. saving rate. Economic Modelling, vol. 28, 2011, pp. 501-514. (WP version)
• How much can Engel's law and Baumol's disease explain the rise of service employment in the United States? B.E. Journal of Macroeconomics, vol. 10 (2010), issue 1 (Contributions), Article 26. Data. (WP version)

Selected publications:

• The impact of monetary policy shocks on stock prices: Evidence from Canada and the United States (with Y. Li and K. Xu), Journal of International Money and Finance, vol. 29, no. 5, September 2010, pp. 876-896.
• Engel versus Baumol: accounting for structural change using two centuries of U.S. data (with B. Dennis), Explorations in Economic History, vol. 46, no. 2, 2009, pp. 186-202. Data appendix. Data.
• Net foreign asset positions and consumption dynamics in the international economy (with F. Ghironi, and A. Rebucci). Journal of International Money and Finance, vol. 27, no. 8, December 2008, pp. 1337-1359.
• Productivity growth and agricultural out-migration in the United States (with B. Dennis). Structural Change and Economic Dynamics, vol. 18, no. 1, March 2007, pp. 52-74.
• Terms of trade risk with partial labor mobility (with B. Dennis). Journal of International Economics, vol. 68, no. 1, January 2006, pp. 92-114. Supplement.
• Present value tests of the current account with durables consumption. Journal of International Money and Finance, vol. 21, no. 3, May 2002, pp. 385-412.
• The terms of trade, productivity growth, and the current account. Journal of Monetary Economics, vol. 45, no. 3, June 2000, pp. 189-211.
• Financing constraints and investment decline in Mexico. Manchester School. vol. 68, no. 1, January 2000, pp. 24-43.
• Trade liberalization and productivity: A panel study of the Mexican manufacturing industry. Journal of Development Studies, vol. 34, no. 5, July 1998, pp. 123-148.
• The link between inflation and output variability in Canada (with L. Osberg). Journal of Money, Credit, and Banking, vol. 30, no. 2, May 1998, pp. 361-372.