All Outputs (7)

The Impact of Covid-19 on Productivity (2022)
Working Paper
Bloom, N., Bunn, P., Mizen, P., Smietanka, P., & Thwaites, G. The Impact of Covid-19 on Productivity

We analyse the impact of Covid-19 on productivity using data from an innovative monthly firm survey panel that asks for quantitative impacts of Covid on inputs and outputs. We find total factor productivity (TFP) fell by up to 5% during 2020-21. The... Read More about The Impact of Covid-19 on Productivity.

Historical Self-Governance and Norms of Cooperation (2022)
Working Paper
Rustagi, D. Historical Self-Governance and Norms of Cooperation

Does self-governance, a hallmark of democratic societies, foster or erode norms of generalized cooperation? Does this effect persist, and if so, why? I investigate these questions using a natural experiment in Switzerland. In the middle-ages, the ab-... Read More about Historical Self-Governance and Norms of Cooperation.

The rhetoric of closed borders: quotas, lax enforcement and illegal immigration (2020)
Working Paper
Facchini, G., & Testa, C. The rhetoric of closed borders: quotas, lax enforcement and illegal immigration

Governments do not always enforce their laws, even when they have the means of doing so, and lax enforcement is common in the domain of immigration policy. To explain this paradox we develop a political agency model where gains from migration are une... Read More about The rhetoric of closed borders: quotas, lax enforcement and illegal immigration.

Skill-Biased Structural Change (2020)
Working Paper
Buera, F. J., Kaboski, J. P., Rogerson, R., & Vizcaino, J. I. Skill-Biased Structural Change

Using a broad panel of advanced economies we document that increases in GDP per capita are associated with a systematic shift in the composition of value added to sectors that are intensive in high-skill labor, a process we label as skill-biased stru... Read More about Skill-Biased Structural Change.

Policy Effects of International Taxation on Firm Dynamics and Capital Structure (2020)
Working Paper
Spencer, A. Policy Effects of International Taxation on Firm Dynamics and Capital Structure

This paper develops a quantitative open economy framework with dynamics, firm heterogeneity and financial frictions to study the impact of corporate tax reforms targeted at multinationals. The model quantifies their impact on productivity, GDP and we... Read More about Policy Effects of International Taxation on Firm Dynamics and Capital Structure.

Twin Peaks (2017)
Working Paper
Defever, F., & Riaño, A. Twin Peaks

Received wisdom suggests that most exporters sell the majority of their output domestically. In this paper, however, we show that the distribution of export intensity not only varies substantially across countries, but in a large number of cases is a... Read More about Twin Peaks.

All these worlds are yours, except India: the effectiveness of export subsidies in Nepal (2017)
Working Paper
Defever, F., Reyes, J., Riaño, A., & Varela, G. (2017). All these worlds are yours, except India: the effectiveness of export subsidies in Nepal

This paper evaluates the effect on firm-level export out-comes of the Cash Incentive Scheme for Exports program provided by the Government of Nepal. The analysis utilizes customs-level data for 2011–14, combined with information on the subsidy paymen... Read More about All these worlds are yours, except India: the effectiveness of export subsidies in Nepal.