This paper contributes to the policy discussion on Covid-19 by presenting real-time evidence on the magnitude of the shock for Italian firms. We take advantage of unique panel data on 7,800 companies between January 2020 {right before the pandemic{ and March of the same year {in the midst of...

We estimate the labor market power of over 13,000 manufacturing establishments across 82 low and middle-income countries around the world. Within local labor markets, larger and more productive firms have higher wage markdowns and pay lower wages. Labor market power across countries exhibits a...

This paper takes advantage of a newly-available survey to analyze the behavior of Global Value Chains (GVCs) in the aftermath of the Great Recession. The analysis exploits a rich availability of information to design a comprehensive taxonomy of GVC participation modes and explore their impact on...