Events

Paper Title: Discrimination, the Racial Wage Gap and Educational Outcomes of the Next Generation: Evidence from WWII  Coauthors: Ryan Boone and Adriana Lleras-Muney Abstract: Can the racial gap in labor market earnings explain black-white disparities in the schooling of the next generation?  To answer this, we exploit the large increase in Read more…

November 1, 2019 is the deadline to submit an application for the M.S. in Accounting program (entering Spring 2020).  For the online application weblink, click here.

Click on the following flyer for more information: Event #1: Mktg EDGE Student Forum Flyer 11-1-19 Event #2:

Title: Finance-thy-Neighbor. Trade Credit Origins of Aggregate Fluctuations (reischer_tcwp102919-main) Abstract: This paper studies the role of endogenous trade-credit linkages for generating interdependent distortions and the propagation of shocks in a static quantitative multi- sector model where firms finance production using bank and trade credit. The adjustment in the volume and Read more…

Title: Workers’ Home Bias and Spatial Wage Gaps: Lessons from the Enduring Divide between East and West Germany (joint with Tommaso Porzio) (link: paper) Abstract: Workers' birth-place shapes their labor market prospects: only few find a job elsewhere, and of those, a large fraction moves back home. Such home bias Read more…

You are invited to a panel discussion on "Experiments in Public Policy": Perspectives on the 2019 Nobel Prize in Economics Location: Roosevelt House Institute for Public Policy (47-49 E 65th Street)  Date: Tuesday November 19, 5:30 p.m.-7:00 p.m. A reception will follow. Click here to RSVP . Panelists include: Karna Read more…

Title: Sovereign Spreads and the Effects of Fiscal Austerity (paper: spreads_aust_Nov19) Abstract: I analyze the impact of austerity on sovereign spreads. To do so I propose a model with strategic sovereign default and nominal rigidities where the government follows fiscal rules, which are estimated from data. I first analyze the Read more…

Title: Law enforcement and the size of the informal sector (paper: Law_enforcement_and_the_size_of_the_informal_section_V2_Aug2019 (4)) Abstract: I assemble new cross-country evidence showing that contrary to the standard view, the relationship between the size of the informal sector and tax rates is, at best, ambiguous. Law enforcement and informality also show no clear Read more…