Category Archives: Uncategorized

Acquisitions, Productivity, and Profitability: Evidence from the Japanese Cotton Spinning Industry

From Serguey Braguinsky, Atsushi Ohyama, Tetsuji Okazaki, Chad Syverson: We explore how changes in ownership and managerial control affect the productivity and profitability of producers. Using detailed operational, financial, and ownership data from the Japanese cotton spinning industry at the turn of the last … Continue reading

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It’s Where You Work: Increases in Earnings Dispersion across Establishments and Individuals in the U.S.

From Erling Barth, Alex Bryson, James C. Davis, Richard Freeman: This paper links data on establishments and individuals to analyze the role of establishments in the increase in inequality that has become a central topic in economic analysis and policy debate. … Continue reading

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Does Privatized Health Insurance Benefit Patients or Producers? Evidence from Medicare Advantage

From Marika Cabral, Michael Geruso, and Neale Mahoney: The debate over privatizing Medicare stems from a fundamental disagreement about whether privatization would primarily generate consumer surplus for individuals or producer surplus for insurance companies and health care providers. This paper investigates … Continue reading

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Beyond Ricardo: Assignment Models in International Trade

From Arnaud Costinot and Jonathan Vogel: International trade has experienced a Ricardian revival. In this article, we offer a user guide to assignment models that have contributed to this revival, which we will refer to as Ricardo-Roy (R-R) models. HT: Jonathan Dingel

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Skills, education, and the rise of earnings inequality among the “other 99 percent”

From David Autor: The singular focus of public debate on the “top 1 percent” of households overlooks the component of earnings inequality that is arguably most consequential for the “other 99 percent” of citizens: the dramatic growth in the wage premium … Continue reading

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Polanyi’s Paradox and the Shape of Employment Growth

From David Autor: In 1966, the philosopher Michael Polanyi observed, “We can know more than we can tell… The skill of a driver cannot be replaced by a thorough schooling in the theory of the motorcar; the knowledge I have of … Continue reading

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How to restart lending in Ukraine despite unfavorable macroeconomic and legal conditions

VoxUkraine.

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