We analyze the impact of downward nominal wage rigidity (DNWR) due to collective bargaining agreements (CBAs) on wage and employment dynamics during two major recessions in Spain: the low-inflation recession of…
Despite a decade of “Make in India,” the country’s manufacturing ambitions remain hamstrung by a fundamental constraint of skills deficit rooted in weak education policies. Drawing on systematic historical…
Why do US college-educated couples with children marry at higher rates than those without a college degree? We argue that investing in children is more valuable for college-educated couples, who are more likely…
We show that the widespread approach to estimate the career costs of motherhood – socalled “child penalties” – is prone to produce biased results, as it pools first-time mothers of all ages without accounting…
We show that the widespread approach to estimate the career costs of motherhood -- so-called “child penalties” -- is prone to produce biased results, as it pools first-time mothers of all ages without accounting…
This study estimates the causal impact of Airbnb expansion on local housing prices by exploiting the 2017 total solar eclipse as a natural experiment. The eclipse’s path of totality created a exogenous temporary…
This study estimates the causal impact of Airbnb expansion on local housing prices by exploiting the 2017 total solar eclipse as a natural experiment. The eclipse’s path of totality created a exogenous temporary…