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…

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…