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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...
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Using establishment-level data from the World Bank Enterprise Survey, we assess the market power of exporting firms across 16 countries in Latin America. Leveraging information on export destinations, as well as exchange rate and price data, we construct exchange rate-driven shocks to the...
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This study provides a global analysis of the effect of conflict exposure on firms' performance, combining geolocalized longitudinal firm-level data and information on political violence events from 91 countries between 2006 and 2019. Higher conflict exposure does not affect firm profits, as it...
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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...
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