We examine the long-term regional development effects of the Taiping Rebellion (1850–1864), one of the deadliest civil wars in human history and a critical juncture in China’s path toward modernity. Our analysis…
New business formation is a key driver of regional transformation and development. While we know that a region's attractiveness for new businesses depends on its resources, infrastructure, and human capital, we…
The European Union (EU) recently implemented the Minimum Tax Directive (Pillar Two) to ensure that profits of large companies are at least taxed at 15%. At the same time, the European Commission proposed the…
This paper proposes a game-theoretic model to analyze the strategic behavior of inc-dec gaming in market-based congestion management (redispatch). We extend existing models by considering incomplete information…
Can developing countries benefit from exporting opportunities in the growing sector of tradable services, given the near free information flow via the internet and wage differentials relative to developed…
Using administrative data on the universe of U.K. taxpayers, we study the contribution of migrants to the rise in U.K. top incomes. We show that migrants are over-represented at the top of the income…
Contributions to Edited Volumes and Conference Proceedings
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2025
We study the design of climate policy for hard-to-abate sectors, focusing on global aviation. We build a spatial equilibrium model that links ticket booking data, the global airline network, and…