Discussion und Working Papers

  1. Discussion and Working Paper // 2024

    Procuring Survival

    We investigate the impact of public procurement on business survival. Using Italy as a laboratory, we construct a large-scale dataset of firms—covering balance-sheet, income-statement, and administrative…

  2. Discussion and Working Paper // 2024

    Forceful or Persistent: How the ECB's New Inflation Target Affects Households' Inflation Expectations

    The ECB announced a new monetary policy strategy in July 2021. In contrast to the previous strategy of aiming at inflation close to, but below 2%, it now pursues a symmetric 2% inflation target over the medium…

  3. Discussion and Working Paper // 2023

    Child Penalty Estimation and Mothers' Age at First Birth

    Motherhood continues to pose significant challenges to women’s careers, and a correct assessment of its effects is crucial for understanding the persistent gender inequality in the labor market. We show that the…