Paper: Energy-Saving Technological Change: Evidence from the UK Industrial Sector Abstract: To what extent technological innovation drives energy efficiency improvement? We develop a simple and transparent macroeconometric...
Paper: The Geography of Wealth: Shocks, Mobility, and Precautionary Savings Abstract: The spatial distribution of wealth in the United States is very heterogeneous. We study the spatial...
Paper: If you build it, they won’t leave? Local university offer as a mechanism of local youth retention Abstract: Chilean men and women are more likely to...
El Instituto de Economía UC invita a todos los egresados de su Magíster en Economía a conmemorar cinco décadas de historia a través de una...
Paper: Public Procurement vs. Regulated Competition in Selection Markets Abstract: A common approach to markets with adverse selection is to regulate competition to minimize inefficiencies, while preserving...
Paper: Uniform Contracts and Unequal Flexibility Needs - A Theory of Gendered Employment Dynamics Abstract: Persistent gender disparities in wages and employment remain despite formally equal...
El Instituto de Economía UC invita a la comunidad a un nuevo conversatorio del ciclo de diálogos de Pobreza, que abordará la relación entre pobreza...
Paper: Market Power, Inequality, and Growth Abstract: This paper develops an endogenous growth model that links demographics, business dynamism, market power, productivity growth, and income...
Paper: Monopsony and Backloaded Compensation: Theory and Evidence from Public Accountants Abstract: In monopsony models, wage markdowns induce deadweight loss and are therefore inefficient. Yet markdowns...
Paper: Optimal Scaling Auctions: A Consumer Theory Deconstruction Abstract: We study scaling auctions in procurement settings with risk-averse sellers, showing that bidding behavior follows an auxiliary...
Paper: Monetary Policy and Heterogeneous Responses in Rental Housing Markets Abstract: This paper develops a theoretical framework to rationalize new empirical evidence on the heterogeneous...
Paper: The Global Incumbency Advantage Abstract: This paper explores the global incumbency advantage. We first show that existing subnational estimates of the incumbency advantage correlate positively...
Paper: Credit Supply and Firm Pricing: Evidence from Match Bank-Firm Product Data Abstract: This paper estimates the effects of credit supply shocks on firm pricing and...
Paper: The Early-Career Effects of Anxiety and Depression Abstract: Mental illness tends to arise when young workers are establishing themselves in the labor market. Using...
Paper: App-Store Commissions, App Business Models, and Investment Abstract: We study the welfare effects of regulating app-store commissions when app developers choose endogenously between subscription-based...