This paper provides an integrated analysis of multinational companies’ global production and innovation. We establish novel stylized facts using rich data on the network of production affiliates and patent activity of German multinationals. We rationalize these facts with a heterogeneous-firm...

How do students’ earnings expectations differ by being the first in their family to attend university (FiF) and how do they affect field of study choice? We leverage unique survey and administrative data from a German university to document sizable gaps in expected earnings between FiF and...

Global firms have a higher share of female employees than domestic non-exporters. To explain this fact, this paper tests whether international trade and FDI are channels through which norms regarding gender (in)equality are transmitted from customers and investors to firms. We employ pooled...

Governments support the green transition through green public procurement. Using US data, this paper provides the first empirical analysis of the causal effects of green contracts on corporate greenhouse gas emissions and economic performance. We focus on an affirmative program for sustainable...

Do employers seek to attract individuals with more education because it enhances human capital or because it signals higher levels of pre-existing traits? We experimentally vary master’s degree completion rates on applicant résumés and examine how this influences candidates’ desirability...

The space sector has remained central to geopolitics since the end of the Cold War, leading to an increase in national space spending worldwide. This study investigates how public support for space funding is influenced by information about (i) national space spending, (ii) the spending of...

In the United States and other large economies, women receive less variable pay than men, even within the same firms and job titles. We argue this disparity in pay partly reflects labor market sorting. Since women are less-represented in more variable-pay-intensive jobs, even within occupations,...

Using disaggregated US household expenditure data, we study the distributional consequences of the US-China trade war. We estimate a highly flexible demand system to compute household-specific price indexes. The increases in US tariffs on Chinese products between 2018 and 2019 led to an average...

In this paper, we unveil targeted repression against journalists as an elaborate strategy used by modern autocrats to mitigate the risk of mass protests during autocratic elections—a common threat to their rule. Repression is deployed to discipline the media before elections to secure...

Searching for jobs is challenging, and online platforms now often offer tailored job recommendations. In a randomized controlled trial with over 1,250 participants, we evaluate recommendations based on prior experience or based on skill profiles assessed at study enrolment. We find that, on...