This paper shows that there are endogenous financial constraints arising from trade liberalization. We find that banks with a high share of loans to firms exposed to competition from China experience an increase in non-performing loans and a reduction in their credit capacity. The drop in credit...

We study gender differences in the labor market reallocation of Peruvian workers in response to trade liberalization. The empirical strategy relies on variation in import competition across local labor markets based on their industrial composition before China entered the global market in 2001....

We consider the problem of allocating multiple units of an indivisible object among agents and collecting payments. Each agent can receive multiple units of the object, and his (consumption) bundle is a pair of the units he receives and his payment. An agent's preference over bundles may be...

This paper discusses Norway’s zero-growth objective for passenger car traffic. It focuses on Oslo’s experience with removing parking space, improving walking and cycling conditions and reducing road capacity on main motorways. The paper highlights the effectiveness of reallocating road and...

Timely allocation and distribution of COVID-19 vaccines on a large scale is a highly complex, dynamic, and context-specific task. The focus of this research on optimizing vaccine allocation is on the downstream part of a COVID-19 vaccine supply chain. Previous research on vaccine supply chains...

A central goal in the National Academies of Science, Engineering and Medicine’s (NASEM) framework for equitable COVID-19 vaccine allocation is to mitigate existing inequities, particularly those affecting economically worse-off racial and ethnic minorities. The Advisory Committee on...

It is well established that mis-allocation of factor resources lowers productivity. In this paper, I use data from both formal and informal firms to study distortions in input and output markets as sources of mis-allocation in the Indian manufacturing sector. My work extends the seminal work of...

Potential shortages of medical resources and services related to COVID-19 present government officials and emergency planners with difficult choices. If resources become too scarce, health care professionals and institutions may need to implement triage protocols adopting crisis standards of...