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Francisco J. Buera

Research Fellow

Contact Info

Fax: (314) 444-8731

Personal Website

Francisco J. Buera

Research Fellow




Journal Publications

"The macroeconomics of microfinance"
with  Joseph P. Kaboski and Yongseok Shin
Review of Economic Studies, January 2021

"Liquidity Traps and Monetary Policy: Managing a Credit Crunch"
with  Juan Pablo Nicolini
American Economic Journal-Macroeconomics, July 2020, Vol. 12, No. 3, pp. 110-38

"Liquidity Traps and Monetary Policy: Managing a Credit Crunch"
with  Ezra Oberfield
Econometrica, January 2020, Vol. 88, No. 1, pp. 83-114

"The Rise of Services: The Role of Skills, Scale, and Female Labor Supply"
with  Joseph P. Kaboski and  Min Qiang Zhao
Journal of Human Capital, Summer 2019, Vol. 13, No. 2, pp. 157-87

"dea Flows and Economic Growth"
with  Robert E. Lucas, Jr.
Annual Review of Economics, August 2018, Vol. 10, No. 1, pp. 314-45

"Productivity growth and capital flows: The dynamics of reforms"
with Yongseok Shin
American Economic Journal-Macroeconomics, July 2017, pp. 147-85

"Entrepreneurship and financial frictions: A macro-development perspective"
with  Joseph P. Kaboski and Yongseok Shin
Annual Review of Economics, August 2015, pp. 409-36

"Aggregate Implications of a Credit Crunch: The Importance of Heterogeneity"
with  Benjamin Moll
American Economic Journal-Macroeconomics, July 2015, Vol. 7, No. 3, pp. 1-42

"Anatomy of a credit crunch: From capital to labor markets"
with  Roberto Fattal-Jaef and Yongseok Shin
Review of Economic Dynamics, Jan 2015, Vol. 18, No. 1, pp. 101-117

"Macro-perspective on asset grants programs: Occupational and wealth mobility"
with  Joseph P. Kaboski and Yongseok Shin
American Economic Review: Papers and Proceedings, May 2014, pp. 159-64

"Financial Frictions and the Persistence of History: A Quantitative Exploration"
with Yongseok Shin
Journal of Political Economy, Apr 2013, Vol. 121, No. 2, pp. 221-272

"Well-Intended Policies"
with  Benjamin Moll and Yongseok Shin
Review of Economic Dynamics, Jan 2013, Vol. 16, No. 1, pp. 216-230

"The Rise of the Service Economy"
with  Joseph P. Kaboski
American Economic Review, October 2012, Vol. 102, No. 6, pp. 2540-69

"Scale and the Origins of Structural Chang"
with  Joseph P. Kaboski
Journal of Economic Theory, March 2012, Vol. 147, No. 2, pp. 684-712

"Finance and Development: A Tale of Two Sectors"
with  Joseph P. Kaboski and Yongseok Shin
American Economic Review, Aug 2011, Vol. 101, No. 5, pp. 1964-2002

"Self-insurance vs. Self-financing: A Welfare Analysis of the Persistence of Shocks"
with Yongseok Shin
Journal of Economic Theory, Vol. 146, No. 3, pp. 845-62

"Learning the Wealth of Nations"
with Alexander Monge-Naranjo and  Giorgio Primiceri
Econometrica, 2011, Vol. 79, No. 1, pp. 1-45
https://doi.org/10.3982/ecta8299

"Can Traditional Theories of Structural Change Fit the Data?"
with  Joseph P. Kaboski
Journal of the European Economic Association, April 2009, Vol. 7, No. 2-3, pp. 469-477

"A Dynamic Model of Entrepreneurship with Borrowing Constraints"
Annals of Finance, 2009, Vol. 5, No. 3-4, pp. 443-64

"Optimal Maturity of Government Debt with Incomplete Market"
with  Juan Pablo Nicolini
Journal of Monetary Economics, April 2004, Vol. 51, No. 3, pp. 531-54