Using a unique matched bank-employer-employee administrative dataset for Italy, we construct an exogenous firm-level measure of exposure to the credit shock during the Global Financial Crisis, based on…
Can correcting large misperceptions about foreign economic exposure change preferences over economic integration? We study this question in a high-stakes setting, Chinese direct investment in Germany, with a…
Using Hong Kong census data from 1976 to 2021, this paper provides the first comprehensive analysis of absolute intergenerational mobility (AIM) in a transitioning Asian economy. We introduce two innovations:…
This paper constructs a new database on public expenditure and revenue and their components, particularly education and health expenditure, covering all world regions over the 1800–2025 period. Human capital…