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It is well-known that the wealthier are more likely to have Right-leaning political preferences. We here in addition consider the role of the individual's starting position, and in particular their upward social mobility...Read more...
Andrew E. Clark and Maria Cotofan
21 July 2023
The question of how firms set wages for their employees has been of longstanding interest. In this paper, we investigate what models of wage determination are at play in a low-wage labor market. We exploit a sizable and ...Read more...
Giulia Giupponi and Stephen Machin
13 September 2022
Using data in the United States, UK and Germany, we show that women whose working hours exceed those of their male partners report lower life satisfaction on average. By contrast, men do not report lower life satisfactio...Read more...
Sarah Flèche, Anthony Lepinteur and Nattavudh Powdthavee
1 August 2020
Intergenerational fairness is an increasingly pressing concern for both policy makers and the public. It is exacerbated by an ageing population, the global financial crisis and successive government policies that have fa...Read more...
Christian A. L. Hilber
6 November 2018
This paper explains the nonneutrality of money from two assumptions: (1) consumers dislike paying prices that exceed some fair markup on firms’ marginal costs; and (2) consumers under infer marginal costs from available ...Read more...
Erik Eyster, Kristóf Madarász and Pascal Michaillat
3 February 2015