Ariell Reshef

 

Directeur de Recherche de CNRS

        Paris 1 Pantheon-Sorbonne

        Centre d'Economie de la Sorbonne, CES

        Maison des Sciences Economiques

        106-112 Boulevard de l'Hopital

        75647 Paris Cedex 13
-
Paris School of Economics, Associate Member

    Director of the PSE Summer School

- CEPII, Scientific Advisor

- Fellow member in CESifo

- Email: ariell.reshef[@]psemail.eu

 

- CV

 

- Google scholar page | SSRN page | Ideas page

 

- Teaching

 

- Favorite Quotes

 

 

 Ariell Reshef

Publications

  

Automation, Techies and Labor Market Restructuring (with Farid Toubal)

    In Stephane Carcillo & Stefano Scarpetta, Eds., Handbook on Labour Markets in Transition, 2024, Edward Elgar Publishing.

 

Automation, Global Value Chains and Functional Specialization (with Lionel Fontagne, Gianluca Santoni and Giulio Vannelli)

    Review of International Economics, Volume 23, Issue 2, 2024, pp. 662-691.

    --- building noimnal robot stocks methodology note

 

Are Your Labor Shares Set in Beijing? The View Through the Lens of Global Value Chains (with Gianluca Santoni)

    European Economic Review, Volume 155, June 2023

 

The March of the Techies: Job Polarization Within and Between Firms (with James Harrigan and Farid Toubal)

    Research Policy, Volume 50, Issue 7, September 2021.

    Related book in French, and Why we think that France Strategie gets it wrong on polarization in France

 

Do Central Bank Governors Matter? Macroeconomic Policy, Regulation and the Financial Sector (with Prachi Mishra)

    Journal of Money, Credit and Banking, Vol. 51, Nos. 2-3, (March-April 2019), pp. 370-402. Programs and data.

    In the media: related articles I wrote for Le Monde, Le Monde (about Christine Lagarde), The Coversation (in French)

 

The Surprising Instability of Export Specializations (with Diego Daruich and William Easterly)

    Journal of Development Economics, 137, March 2019, pp. 36-65.

    NBER working paper No. 22869.

Wages and Human Capital in Finance: International Evidence, 1970–2011 (with Hamid Boustanifar and Everett Grant)

    Review of Finance, Volume 22, Issue 2, 1 March 2018, pp. 699–745. Finalist (out of six) for the Pagano and Zechner Prize. Online appendix.


Capital Imports Composition, Complementarities, and the Skill Premium in Developing Countries (with Ohad Raveh)

    Journal of Development Economics, 118, January 2016, pp. 183-206.

African Export Successes: Surprises, Stylized Facts and Explanations (with William Easterly)
In David N. Weil, Sebastian Edwards and Simon Johnson (eds.), African Successes: Modernization and Development, 2016, NBER/University of Chicago Press. 
Interviews appendix.
Read the NBER digest.
NBER Workig Paper No. 16597
In the media: New York Times Magazine

 

Skill Biased Heterogeneous Firms, Trade Liberalization and the Skill Premium (with James Harrigan)
Canadian Journal of Economics, 48(3), 2015. Appendix. Matlab Programs.
NBER Working Paper No. 17604 version.


An International Look at the Growth of Modern Finance (with Thomas Philippon)
Journal of Economic Perspectives, 27(2), Spring 2013, pp. 73–96. Symposia: The Growth of the Financial Sector. Online appendix.

    In the media: New York Times


Is Technological Change Biased Towards the Unskilled in Services? An Empirical Investigation
Review of Economic Dynamics, 16 (2013) pp. 312–331. Online appendix. Programs and data (zip).
(A previous version of this paper circulated under the title “Skill Biased Technological Change in Services”)


Wages and Human Capital in the U.S. Financial Industry: 1909–2006 (with Thomas Philippon)
The Quarterly Journal of Economics, 127(4), November 2012, pp. 1551–1609. Lead article. Online appendix. Data.
  NBER Working Papaer No. 14644 version (also CPER discussion paper 7282).
In the media, and other citations:
- New York Times: Paul Krugman and
Floyd Norris op-eds, Andrew Ross Sorkin, Bruce Bartlett, and others February 4, 2009, February 5, 2009, August 14, 2009

     - The Economist: Special report on October 13, 2012, February 7, 2009, May 28, 2009, January 20, 2011.
- Financial Times: Martin Wolf (April 14 and April 15, 2009), Gillian Tett (April 6, 2009 and January 30, 2012), Daniel Schäfer (June 13, 2012 and March 24, 2013)

    - Wall Street Journal, and on May 14, 2009 (see related figure) September 10, 2009, October 29, 2012.

    - Featured in 13 Bankers, by James Kwak and Simon Johnson. Paper of the Year by The Baseline Scenario.
- Winner-take-all Politics, by Jacob Hacker & Paul Pierson.
- Written Testimony for the House Oversight Committee Hearing on Hedge Funds, Andrew Lo, November 13, 2008.

- Other newspapers: Le Monde (also here), Les Echos (also on here), Handelsblatt, Haaretz.

- NPR interview on Planet Money and related article.

- BBC interview with Gillian Tett.

 

Why Does Capital Flow to Rich States? (with Sebnem Kalemli-Ozcan, Bent Sorensen and Oved Yosha)
Review of Economics and Statistics, November 2010, 92(4), pp. 769–783
. Programs and data.
Old NBER WP 11301 version.

 

 

Book


La polarizasion de l'emploi en France: Ce qui s'est aggrave depuis la crise 2008 (with Farid Toubal)
    Opuscule
No. 50, CEPREMAP publication in French (English: "
Job Polarization in France and it's Acceleration since the 2008 crisis"); see video of book presentation (in French).
    In the media: Les Echos, Le Monde debate (La disparition des classes moyennes, et après ? Un débat du Monde Festival); see video of debate (in French).
    --- Why we think that France Strategie got it wrong on polarization in France
    Response to
 Jolly, C. and Dherbécourt, C. « Polarisation du marché du travail : Y a-t-il davantage d’emplois peu qualifiés ? », France Strategie, Note d’analyse,déc. 2020 n° 98. (ici en francais)

  

Working papers

 
Production Function Estimation with Multi-Destination Firms (with Geoffrey Barrows and Hélène Ollivier)---(updated November 2024)
 
 
Techies and Firm Level Productivity (with James Harrigan and Farid Toubal)---(updated September 2024)
 
Techies, Trade and Skill-Biased Productivity (with James Harrigan and Farid Toubal)---This version: February 2021
    VOXEU column. NBER Working Paper No. 25295

The March of the Techies: Technology, Trade and Job Polarization in France, 1994-2007 (with James Harrigan and Farid Toubal)
    Appendix
VOXEU column. NBER Working Paper No. 22110 version and its Appendix

Skill Biased Financial Development: Education, Wages and Occupations in the U.S. Financial Sector (with Thomas Philippon)
NBER Working Paper No. 13437


Big Hits in Manufacturing Exports and Development (with William Easterly)

 

 

Work in progress


Labor Market Flexibility and Firms' Responses to Shocks (with Gilles Saint-Paul and Farid Toubal)
 
Legislation, Deregulation and Litigation: The 1970-1990 Demand Shift for U.S. Legal Services in Historical Perspective (with Cailin Slattery)

Migration, FDI and the Margins of Trade (with Amandine Aubry and Hillel Rapoport)
 

 

Policy  papers

 
Dominance on World Markets: the China Conundrum (with Sébastien Jean, Gianluca Santoni & Vincent Vicard)
    CEPII Policy Brief, No. 44 – December 2023

Moins d'avions, moins de commerce 
(with Diego Botero Garcia and Camilo Umana-Dajud)
   
La Lettre du CEPII, No. 422 - decembre 2021 ("Fewer flights means less commerce")

L'industrie francaise est-elle tributaire de la Chine?
(with Gianluca Santoni)
    CEPII Questions de Campagne, decembre 2021. ("Is French industry dependent on China?")
 
Les chaines de valeur mondiale a l'eprouve de la crise sanitaire (with Sebastien Jean and Gianluca Santoni)
    In: L'economie mondiale 2021, CEPII ("Global value chains put to the test of the health crisis")

 
Chaines de valeur mondiales et dependances de la prduction francaise (with Gianluca Santoni)
    La Lettre du CEPII, No. 409 - juin 2020 ("Global value chains and depedencies of French production"). Data.


La fragmentation des chaines de production a change le partage de valeur ajoutee (with Gianluca Santoni)
     La Lettre du CEPII, No. 406 - mars 2020 ("The fragmentatino of production value chains has changed the distribution of [domestic] value added [labor] shares"). Data.

Mondialisation et technologie: creatrices ou destructrices d'emploi? (with Farid Toubal)
    In: L'economie mondiale 2018, CEPII ("Globalization and technology: job creation or destruction?")
 
Why trade, and what would be the consequences of protectionism? (with Sebastien Jean).
    Policy report prepared for the European Parliament. September 2017.

Pourquoi de si hauts salaires dans la finance?
    La Lettre du CEPII, No. 378 - juin 2017 ("Why are finance wages so high?")

A quoi tient la progession des salaires dans la finance?
    CEPII Questions de Campagne, avril 2017. (
"What drives finance wages?")
 
 

Old papers

 

Heckscher-Ohlin and the Global Increase of Skill Premia: Factor Intensity Reversals to the Rescue

 

The Power of Exports (with William Easterly and Julia Schwenkenberg)
World Bank Policy Research WP 5081.


Trade and Harmonization: If Your Institutions Are Good, Does It Matter If They Are Different? (with Roumeen Islam)
Old version: World Bank Policy Research WP 3907