impacts on labor movement and income distribution. We apply our analytical findings to reasonable parameters for a large set …

intensive margin, contradicting the benchmark Melitz-Pareto model. We find that moving from a Pareto to a lognormal distribution … estimate a generalized Melitz model with a joint lognormal distribution for firm productivity, fixed costs and demand shifters …

aims in terms of distribution and replacement rates are similar, the division of labour between defined benefit and …

indexation affects the trade-off between insurance and distribution when groups with different mortality are separated or pooled …

informed about their piece rate realization, they adapt their performance. One third of subjects nevertheless forego this …

We study how different demographic groups respond to incentives by comparing their performance in "high" and "low … section of the GRE. We find that Males exhibit a larger drop in performance between the high and low stakes examinations than … females, and Whites exhibit a larger drop in performance compared to minorities. Differences between high and low stakes tests …