工作论文 PAPERS
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Human Capital Investment and Development: The Role of On-the-Job Training
Workers in richer countries experience faster rates of wage growth over their lifetimes than workers in poorer co
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Learning by Exporting and Wage Profiles: New Evidence from Brazil
Export activity shapes workers’ experience-wage profiles Using detailed Brazil-ian manufacturing employer-employe
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Learning about the Consumption Risk Exposure of Firms
We structurally estimate an investment-based asset pricing model, where firms’ exposure to macroeconomic risk
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Delayed Crises and Slow Recoveries
We present a rational expectations model of credit-driven crises In our model econ-omy, banks can operate in two
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Search, Screening and Sorting
We investigate the effect of search frictions on labor market sorting by constructing a model which is in line
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Meetings and Mechanisms
There exists a lot of variation in terms of how buyers and sellers meet, both across sectors and over time as
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The Legal Origins of Financial Development: Evidence from the Shanghai Conces...
We assemble new data on the British and French concessions in Shanghai between 1845 and 1936 to assess the lega
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The Allocation of Talent and Financial Development, 1897 to 1936
We examine how the supply of talent affected financial development, based on a historical experiment that abruptly
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Partisan Depositor Responses to a Currency Shock
Depositor responses to a large currency shock vary depending on political views Triggered by a combination of ec
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Estimation of a Structural Break Point In Linear Regression Models
This study proposes a point estimator of the break location for a one-time structural break in linearregression m