We exploit gaps between observed and recently forecasted GDP growth in export destinations to estimate the effects of unexpected export shocks on worker compensation. Using employer-employee panel data, we find that these export shocks are partly transmitted to workers in the form of higher...

We examine whether and how the educational background of political leaders matters for policy choices and outcomes. Using data on municipalities in Brazil from 2000-2008, we estimate the effects of electing a more educated leader in a regression-discontinuity design whereby policy inputs and...

We exploit gaps between observed and recently forecasted GDP growth in export destinations to estimate the effects of unexpected export shocks on worker compensation. Using employer-employee panel data, we find that these export shocks are partly transmitted to workers in the form of higher...

We investigate the impact of product market competition on firms’ automation investments. We use a rich combination of micro-data on Portuguese exporters and exploit a novel source of variation in the degree of competition they face – a tariff liberalization between the European Union and...

This paper exploits gaps between observed and recently forecasted Gross Domestic Product growth in export destinations to estimate the effects of unexpected demand shocks on worker compensation. Using employer-employee panel data, the paper finds that the revenues from these demand shocks are...