David Argente
I am the Strumpf Early Career Assistant Professor of Economics at Penn State.
I am on leave as a Kenen Fellow at Princeton's Economics Department in 2022-23.
I received my Ph.D. in Economics from the University of Chicago in 2018. I was a Visiting Scholar at the Minneapolis Fed in 2018-19.
My research focuses on applied macroeconomics, macro development, innovation, and monetary economics.
Email: dargente@psu.edu
Working Papers
Consumer Surplus of Alternative Payment Methods
with Fernando Alvarez
Review of Economic Studies, revise and resubmit
with Sara Moreira, Ezra Oberfield, and Venky Venkateswaran
Strategic Complementarities in a Dynamic Model of Technology Adoption: P2P Digital Payments
with Fernando Alvarez, Francesco Lippi, Esteban Mendez, and Diana Van Patten
Patents to Products: Product Innovation and Firm Dynamics
with Salomé Baslandze, Douglas Hanley and Sara Moreira
Measuring the Gains from Creative Destruction
with Chang-Tai Hsieh and Munseob Lee
How do Firms Build Market Share? The Role of Demand Frictions
with Doireann Fitzgerald, Sara Moreira, Anthony Priolo
Are Cryptocurrencies Currencies? Bitcoin as Legal Tender in El Salvador
with Fernando Alvarez and Diana Van Patten
Published and Accepted Papers
The Life Cycle of Products: Evidence and Implications
with Munseob Lee and Sara Moreira
Journal of Political Economy, accepted
Product Life Cycle, Learning, and Nominal Shocks
with Chen Yeh
Review of Economic Studies, 2022
On the Effects of the Availability of Means of Payments: The Case of Uber
with Fernando Alvarez
Quarterly Journal of Economics, 2022
Measuring the Cost of Living in Mexico and the US
with Chang-Tai Hsieh and Munseob Lee
American Economic Journal: Macroeconomics, 2022
The Cost of Privacy: Welfare Effects of the Disclosure of COVID-19 Cases
with Chang-Tai Hsieh and Munseob Lee
Review of Economics and Statistics, 2022
with Fernando Alvarez, Francesco Lippi, and Rafael Jiménez
Journal of Monetary Economics, 2022
A Simple Planning Problem for COVID-19 Lockdown, Testing and Tracing
with Fernando Alvarez and Francesco Lippi
American Economic Review: Insights, 2021
Cost of Living Inequality during the Great Recession
with Munseob Lee
Journal of European Economic Association, 2021
Cash-Management in Times of COVID-19
with Fernando Alvarez
B.E. Journal of Macroeconomics, 2021
Innovation and Product Reallocation in the Great Recession
with Munseob Lee and Sara Moreira
Journal of Monetary Economics, 2018
Clientelistic Capacity and the Politics of Enrollment in Mexico’s Seguro Popular
with José A. Hernández Company
Latin American Policy, 2018
The Price of Fringe Benefits When Formal and Informal Labor Markets Coexist
with Jorge Garcia
IZA Journal of Labor Economics, 2015
Work in Progress
Price Setting During a Currency Changeover
with Fernando Alvarez, Alberto Cavallo, and Francesco Lippi
Adoption of Foreign Products and Information Externalities Across Domestic Networks
with Esteban Mendez and Diana Van Patten
How Illiquid are Illiquid Assets?
with Corina Boar, Elisa Giannone, Federico Kochen, and Donggyu Lee