Suchergebnisse

We provide a number of insights into the nature and consequences of monopsony power through the lens of comparative advantage, where employers' power in wage ...

Using an administrative data set from Germany we estimate a functional VAR to measure the response of the earnings distribution to a productivity shock. We ...

--------------------------------------------------tba-----------------------------------------------

----------------------------------------------------------------------------------------------------

By diverting and distorting bilateral trade flows, trade wars shift export patterns and market concentration around the globe. In this paper, we estimate ...

Financial frictions are a prominent feature of modern macroeconomic analysis. Using a novel loan-level dataset, we evaluate whether leading theories for these ...

This paper studies monetary and fiscal policy transmission in a multi-sector heterogeneous-agent New Keynesian model with an input-output network (“HANK-IO”). ...