
David Baqaee
(Pronounced Ba-kuh-ee)
I am a Professor of Economics at UCLA, a research fellow of the CEPR, and a research associate at the NBER.
You can view my CV here.

Working Papers:
- Long-Run effects of Trade Wars with H. Malmberg
- Quotas in General Equilibrium with K. Sangani
- Long-Run Comparative Statics [slides] with H. Malmberg
- Long-Run Consequences of Sanctions on Russia with H. Malmberg
- Consumer Surplus from Suppliers: How Big is it and Does it Matter for Growth? [slides] with A. Burstein, C. Duprez, and E. Farhi(Conditionally Accepted Econometrica)
- Sufficient Statistics for Measuring Forward-Looking Welfare with A. Burstein and Y. Koike-Mori
- International Income Comparisons by Matching Households Across Countries with A. Burstein and J. Cravino
- Aggregate Welfare and Output with Heterogeneous Agents with A. Burstein
- Entry vs. Rents with E. Farhi
- Nonlinear Production Networks with an Application to the Covid-19 Crisis with E. Farhi
- Macroeconomics with Heterogeneous Agents and Input-Output Networks [Appendix] with E. Farhi
- A Short Note on Aggregating Productivity with E. Farhi
- Targeted Fiscal Policy (previously circulated as Labor Intensity in an Interconnected Economy).
Publications:
- Networks, Barriers, and Trade [video ] [replication materials] with E. Farhi(Econometrica: 2024)
- **Measuring Welfare by Matching Households Across Time** [online appendix] [slides] with A. Burstein and Y. Koike-Mori(Quarterly Journal of Economics: 2024)
- **Supply-Side Effects of Monetary Policy** [slides] ****[voxEu Summary] ****with E. Farhi and K. Sangani(Journal of Political Economy: 2024)
- What if? The Economic Effects for Germany of a Stop of Energy Imports from Russia (policy paper) with R. Bachmann, C. Bayer, A. Loschel, M. Kuhn, B. Moll, A. Peichl, K. Pittel, and M. Shcularik(Economica: 2024)
- The Darwinian Returns to Scale [slides] [demand system] [replication code] with E. Farhi and K. Sangani(Review of Economic Studies: 2024)
- **Micro Propagation and Macro Aggregation [teaching slides] [tex for slides]** with E. Rubbo(Annual Review of Economics: 2023)
- Welfare and Output with Income Effects and Taste Shocks [online appendix][slides] with A. Burstein(Quarterly Journal of Economics: 2022)
- Supply and Demand in Disaggregated Keynesian Economies with an Application to the Covid-19 Crisis [slides] [voxEu Summary] with E. Farhi(American Economic Review: 2022)
- **Keynesian Production Networks and the Covid-19 Crisis: A Simple Benchmark** with E. Farhi(AEA Papers & Proceedings: 2021)
- [Policies for a Second Wave](https://www.brookings.edu/wp-content/uploads/2020/06/Baqaee-et-al-conference-draft.pdf?) with E. Farhi, M. Mina, and J. Stock(Brookings Papers on Economic Activity: 2020)
- Productivity and Misallocation in General Equilibrium [slides][VoxEU Summary] with E. Farhi(Quarterly Journal of Economics: 2020)
- The Microeconomic Foundations of the Aggregate Production Function with E. Farhi(Journal of the European Economic Association:2019)
- The Macroeconomic Impact of Microeconomic Shocks: Beyond Hulten’s Theorem [slides][press coverage] [erratum] with E. Farhi(Econometrica: 2019)
- **Cascading Failures in Production Networks** [slides][Older Longer Version](Econometrica: 2018)
- Asymmetric Inflation Expectations, Downward Rigidity of Wages,and Asymmetric Business Cycles(Journal of Monetary Economics: 2019)