Results

Chapter

On the employment consequences of automation and offshoring

in Robots and AI - a new economic era

We argue that automation may make workers and firms more selective in matching their specialized skills and tasks. We call this phenomenon "core-biased technological change", and wonder whether something similar could be...Read more...

Journal article

Fiscal Studies:

Global banking: Endogenous competition and risk taking

When banks expand abroad, their riskiness decreases if foreign expansion happens in destination countries that are more competitive than their origin countries. We reach this conclusion in three steps. First, we develop ...Read more...

CEP discussion paper

Automation, globalization and vanishing jobs: a labor market sorting view

We show, theoretically and empirically, that the effects of technological change associated with automation and offshoring on the labor market can substantially deviate from standard neoclassical conclusions when search ...Read more...