Working Papers

From Princeton University, Department of Economics, Center for Economic Policy Studies.
Contact information at EDIRC.
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295: The Economics of Spatial Mobility: Theory and Evidence Using Smartphone Data

Yuhei Miyauchi, Kentaro Nakajima and Stephen Redding

294: Monopsony in the Labor Market: New Empirical Results and New Public Policies

Orley Ashenfelter, David Card, Henry Farber and Michael Ransom

293: The Real Effects of Banking the Poor: Evidence from Brazil

Julia Fonseca and Adrien Matray

292: International Friends and Enemies

Benny Kleinman, Ernest Liu and Stephen Redding

291: Central Bank Communication with the General Public: Promise or False Hope?

Alan Blinder, Michael Ehrmann, Jakob de Haan and David-Jan Jansen

290: Interactions between Monetary and Fiscal Policy: Yesterday, Today, and Tomorrow

Alan Blinder

289: Central Banking in the Time of Covid

Alan Blinder

288: Trade and Innovation

Marc Melitz and Stephen Redding

287: Consumption Access and Agglomeration: Evidence from Smartphone Data

Yuhei Miyauchi, Kentaro Nakajima and Stephen Redding

286: Suburbanization in the United States 1970-2010

Stephen Redding

285: The Effects of Multinationals on Workers: Evidence from Costa Rican Microdata

Alonso Alfaro Urena, Isabela Manelici and Jose Vasquez

284: The Slope of the Phillips Curve: Evidence from U.S. States

Jonathon Hazell, Juan Herreño, Emi Nakamura and Jon Steinsson

283: Sovereign Debt: A Critical Challenge

William Dudley

282: Data-Driven Incentive Alignment in Capitation Schemes

Mark Braverman and Sylvain Chassang

281: Wages, Minimum Wages, and Price Pass-Through: The Case of McDonald’s Restaurants

Orley Ashenfelter and Stepan Jurajda

280: Sticky Deposit Rates and Allocative Effects of Monetary Policy

Anne Duquerroy, Adrien Matray and Farzad Saidi

279: AI and Jobs: Evidence from Online Vacancies

Daron Acemoglu, David Autor, Jonathon Hazell and Pascual Restrepo

278: Making the Most of Limited Government Capacity: Theory and Experiment

Sylvain Chassang, Lucia Del Carpio and Samuel Kapon

277: Unions and Inequality over the Twentieth Century: New Evidence from Survey Data

Henry Farber, Daniel Herbst, Lyana Kuziemko and Suresh Naidu

276: Higher Dividend Taxes, No Problem! Evidence from Taxing Entrepreneurs in France

Adrien Matray and Charles Boissel

275: Micro-evidence from a System-wide Financial Meltdown: The German Crisis of 1931

Kristian Blickle, Markus Brunnermeier and Stephan Luck

274: When Tariffs Disrupt Global Supply Chains

Gene Grossman and Elhanan Helpman

273: Paying to Match: Decentralized Markets with Information Frictions

Agranov Agranov, Ahrash Dianat, Larry Samuelson and Leeat Yariv

272: The Tax Elasticity of Capital Gains and Revenue-Maximizing Rates

Ole Agersnap and Owen Zidar

271: Top of the Batch: Interviews and the Match

Federico Echenique, Ruy Gonzalez, Alistair Wilson and Leeat Yariv

270: Task Allocation and On-the-job Training

Mariagiovanna Baccara, SangMok Lee and Leeat Yariv

269: Electoral Competition with Fake News

Gene Grossman and Elhanan Helpman

268: Endogenous Education and Long-Run Factor Shares

Gene Grossman, Elhanan Helpman, Ezra Oberfield and Thomas Sampson

267: Globalization and Pandemics

Pol Antras, Stephen Redding and Esteban Rossi Hansberg

266: Trade and Geography

Stephen Redding

265: New-Keynesian Trade: Understanding the Employment and Welfare Effects of Trade Shocks

Andres Rodriguez-Clare, Mauricio Ulate and Jose Vasquez

264: Top Wealth in America: New Estimates and Implications for Taxing the Rich

Matthew Smith, Owen Zidar and Eric Zwick

263: Misallocation and Capital Market Integration: Evidence from India

Natalie Bau and Adrien Matray

262: Private Credit under Political Influence: Evidence from France

Anne-Laure Delatte, Adrien Matray and Noemie Pinardon-Touati

261: Evaluating State and Local Business Tax Incentives

Cailin Slattery and Owen Zidar

260: Technology Boom, Labor Reallocation, and Human Capital Depreciation

Johan Hombert and Adrien Matray

259: What does Jerome Powell know that William McChesney Martin didn’t—and what role did academic research play in that?

Alan Blinder

258: Crash Course on the Euro Crisis

Markus Brunnermeier and Ricardo Reis

257: Feedbacks: Financial Markets and Economic Activity

Markus Brunnermeier, Darius Palia, Karthik Sastry and Christopher Sims

256: Optimal Fiscal and Monetary Policy with Distorting Taxes

Christopher Sims

255: The Long-Term Consequences of the Tech Bubble on Skilled Workers' Earnings

Johan Hombert and Adrien Matray

254: Are Millennials Really So Selfish? Preliminary Evidence from the Philanthropy Panel Study

Harvey Rosen and Peter Koczanski

253: Central Bank Policies and Financial Markets: Lessons from the Euro Crisis

Ashoka Mody and Milan Nedeljkovic

252: Economists’ Biggest Failure

Alan Blinder

251: The Mortgage Interest Deduction: Revenue and Distributional Effects

Austin Drukker, Ted Gayer and Harvey Rosen

250: Impact of Endowment Shocks on Payouts

Harvey Rosen and Alexander Sappington

249: To Borrow or Not to Borrow? An Analysis of University Leverage Decisions

Harvey Rosen and Alexander Sappington

248: The European Central Bank: Building a Shelter in a Storm

Kang Woong, Nick Ligthart and Ashoka Mody

247: The Lucky Country: Has it Run out of Luck?

Martin Parkinson

246: US Economic Diplomacy: A View from Afar

Martin Parkinson