Information shapes people's narratives and, thus, collective action. The latter bears implications for both inter-group economic cooperation and conflict literature. In this paper, we examine the economic effects of ethnic conflicts under varying information levels as proxied by mobile Internet...

We examine optimal government education expenditure policies in the form of cash transfers to school-aged children, with the objectives of enhancing intergenerational income mobility and reducing the skill premium. Using a calibrated overlapping generations (OLG) model tailored to recent...

We investigate links between routine-biased technical change, the structure of occupational employment, and cross-country income differences. To implement this, we combine several data sources including national labour force surveys and Penn World Tables. We first document that in our novel...

Measuring individual productivity (or equivalently distributing the overall productivity) in a network structure of workers displaying peer effects has been a subject of ongoing interest in many areas ranging from academia to industry. In this paper, we propose a novel approach based on...

We develop a model where temporary non-technology shocks can lead to permanent changes in the rate of growth of total factor productivity (TFP). The key ingredient of the model is a matching processes between basic researchers, product developers, and the stock of knowledge of the economy. In...

In recent years, researchers have become increasingly aware of the impact that personality traits have on individual lifestyle decisions, both positive and negative. Using longitudinal data from a large household survey as well as genetic information from the UK, the present study unveils the...

Large scale, computationally expensive simulation models pose a particular challenge when it comes to estimating their parameters from empirical data. Most simulation models do not possess closed form expressions for their likelihood function, requiring the use of simulation-based inference,...

Can democratic politics provide a means for responding to climate change? We explore this question by studying the effects of extreme temperatures on Indian elections between 2009 and 2017. We find that areas exposed to extreme temperatures experience an increase in voter turnout and a change in...

The COVID-19 pandemic has adversely affected the livelihoods of hundreds of millions of households, resulting in widespread poverty and food insecurity. To mitigate these effects, many governments have introduced additional benefits as part of their existing welfare schemes. However, there is...

We analyze how trade affects aggregate volatility using a multi-country, multiindustry, and multi-destination framework. We decompose aggregate output growth risk into destination risk, origin risk, and idiosyncratic risk (and their covariances). We then use this framework to run counterfactuals...