1. Discussion and Working Paper // 2018

    Bureaucratic Competence and Procurement Outcomes

    Does a more competent public bureaucracy contribute to better economic outcomes? We address this question in the context of the US federal procurement of services and works by combining contract-level data…

  2. Discussion and Working Paper // 2018

    Racing With or Against the Machine? Evidence from Europe

    A fast-growing literature shows that digital technologies are displacing labor from routine tasks, raising concerns that labor is racing against the machine. We develop a task-based framework to estimate the…

  3. Discussion and Working Paper // 2018

    The stock markets’ reflection on the IPCC’s findings

    Climate change already has widespread impacts on society, including the performance of stock markets. Previous studies have focused on how financial markets react to natural disasters such as extreme weather…