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In terms of well-being, how costly is inflation? To answer this question, empirical evaluations have typically studied average inflation rates at the national level, thus disregarding the role of inflation inequalities w...Read more...
Alberto Prati
3 January 2023
13 September 2022
We use a massive,matched employer-employee database for the United States to analyze the contribution of firms to the rise in earnings inequality from 1978 to 2013. We find that one-third of the rise in the variance of (...Read more...
Nicholas Bloom, Fatih Guvenen, David J. Price, Jae Song and Till von Wachter
1 February 2019
I set out a new method for estimating true (Konus) PPPs. Household consumption per head deflated by these PPPs answers the question: by how much must the average expenditure per head of poor country A be increased to ena...Read more...
Nicholas Oulton
Revised February 2012
Unilateral minimum quality standards are endogenously determined as the outcome of a non-cooperative standard-setting game between the governments of two countries. Cross-country externalities from the implementation of ...Read more...
Dimitra Petropoulou
February 2008
This paper examines the timing of exit from the gold-exchange standard for European countries based on a panel of monthly observations 1928-1936 for two purposes: first it aims to understand the enormous variation in mon...Read more...
Nikolaus Wolf
November 2007