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We study how to optimally design non-market mechanisms for allocating scarce resources, taking into consideration agents' investment incentives. A principal ...

We look at environements where workers differ on wealth and wages and where they choose which wage/job to look for. They sometimes quit, lose their jobs or ...

This paper studies the effects of monetary policy during times when sectoral supply shocks raise the cost of living, in particular for low-income households. ...

Please note: Due to this year´s summer school, two seminars will be held in this week. Abstract: "The sharp, ...