Assistant Chief Economist
Benjamin R. Bridgman
Education
Areas of Interest
Public enterprise and the rise and fall of labor share
Benjamin R. Bridgman and Ryan Greenaway-McGrevy
Is Productivity on Vacation? The Impact of the Digital Economy on the Value of …
Benjamin R. Bridgman
Is Labor's Loss Capital's Gain? Gross versus Net Labor Shares
Benjamin R. Bridgman
Structural Transformation, Marketization, and Household Production around the W…
Benjamin R. Bridgman , Georg Duernecker , and Berthold Herrendorf
Market Entry Mode: Evidence from the Golden Age of Hollywood
Benjamin R. Bridgman
Home Productivity
Benjamin R. Bridgman
Structural Transformation, Marketization, and Household Production around the World (PDF)
Benjamin R. Bridgman , Georg Duernecker , and Berthold Herrendorf
Is Labor's Loss Capital's Gain? Gross versus Net Labor Shares (PDF)
Benjamin R. Bridgman
Do Intangible Assets Explain High U.S. Foreign Investment Returns?
Benjamin R. Bridgman
International Supply Chains and the Volatility of Trade
Benjamin R. Bridgman
Market Entry and Trade Weighted Import Costs
Benjamin R. Bridgman
The Rise of Vertical Specialization Trade
Benjamin R. Bridgman
Heterogeneous Car Buyers: A Stylized Fact
Benjamin R. Bridgman , Ana M. Aizcorbe , and Jeremy J. Nalewaik
International Supply Chains and the Volatility of Trade (PDF)
Benjamin R. Bridgman
Energy Prices and the Expansion of World Trade
Benjamin R. Bridgman
U.S. investors abroad receive a higher return on their assets than their counterparts that invest in the United States. I examine the degree to which excluding intangible assets from the measurement of foreign direct investment can account for this gap. Using a growth accounting framework, I estimate intangible capital stocks for foreign-owned affiliates and find that including unmeasured capital reduces the gap by up to two thirds. U.S. affiliates abroad hold a relatively large share of their assets as intangible capital since they are taxed at the relatively high U.S. corporate rate and intangible investment is expensed. Accounting for intangibles reduces a similar gap in British FDI returns by nearly half.
Benjamin R. Bridgman
Vested Interests and Technology Adoption
Benjamin R. Bridgman