This dissertation addresses three distinct topics in development economics. The first chapter assesses the role of entry and exit in the measurement of misallocation in India. In the last decade, misallocation of productive inputs across firms has been proposed as a primary driver of differences in aggregate productivity over time...
This thesis contains three chapters studying the evolution of the American higher education landscape, the different forces that shaped their organization, and how they, in turn, influenced human capital accumulation. The chapters are organized into three time periods: 1850-1900, 1910-1940, and 1980-2010. In the first chapter, joint with Heyu Xiong,...
In this dissertation I examine how the government should respond to sovereign risk and show that it has implications on the optimal behavior of the government. In Chapter 1, I look into international reserve management. In Chapter 2, I analyze the effects of sovereign risk on the size of fiscal...
In Chapter 1, we construct a test for hypotheses about the effect of a recent policy change, when a single unit is treated and there are several control units, with time series observations of each available before and after the policy change. The goal is to incorporate information provided by...
Pharmaceutical companies pay more than $2 billion to physicians every year. Most of these payments are for food and beverage, speaking, honoraria, consulting, and travel and lodging, which are termed “general payments.” These payments have come under increased scrutiny as critics of pharmaceutical promotion argue that they influence prescribing in...
This dissertation examines three empirical questions related to human capital in developing countries. Chapter 1 studies the educational and labor market impacts of the telesecundarias, Mexican secondary schools that use televisions to deliver instruction. In areas where there is an insufficient supply of qualified teachers, delivering instruction through technology may...
This thesis investigates various aspects of productivity. In the first chapter I investigate the role of consumer demand in generating productivity dispersion. In particular, I study how differences in consumer preferences across the household income distribution generate dispersion in markups across the Indian manufacturing sector. I find that this consumer...
In this dissertation I examine issues related to uncertainty and robustness in game theory. In Chapter 1 a strategic setting is analyzed where players face Knightian uncertainty about the strategic choices of their opponents. That is, in contrast to the usual Bayesian framework and in line with experimental evidence, players...
This dissertation is composed by three chapters. Chapter one is about productivity hysterisis in the U.S. after the Great Recession. The United States has been experiencing a slowdown in productivity growth for more than a decade. I exploit geographic variation across U.S. Metropolitan Statistical Areas (MSAs) to investigate the link...
In this dissertation I analyze how population aging and political considerations can affect the conduct of fiscal policy and the management of sovereign debt. In Chapter 1 I focus on the impact of an aging population. In Chapter 2 I consider the effects of political uncertainty. How an aging population...