We estimate an aggregate elasticity of substitution between capital and labor near or below one, which implies that capital deepening cannot explain the global decline in[...]

Code and data to replicate the results of the article.

Stata, Matlab and Dynare code for peer-reviewed article published in Review of Economic Dynamics. Paper publi[...]

Code and data to replicate the results of the article.

Computer codes for peer-reviewed article published in Review of Economic Dynamics. Paper published online Ap[...]

We measure the contribution to inflation from the growth in markups of Canadian firms. The dynamics of inflation and markups suggest that changes in markups could account[...]

The canonical one-sector model over predicts international capital flows by a factor of ten. We show that introducing a non-traded goods sector can reconcile the differen[...]