Are labor markets in higher-income countries more meritocratic, in the sense that worker-job matching is based on skills rather than idiosyncratic attributes unrelated to productivity? If so, why? And what are the aggregate consequences? Using internationally comparable data on worker skills and...

The Global Informal Workforce is a fresh look at the informal economy around the world and its impact on the macroeconomy. The book covers interactions between the informal economy, labor and product markets, gender equality, fiscal institutions and outcomes, social protection, and financial...

We study long-run environmental impacts of trade liberalization on US manufacturing by exploiting a plausibly exogenous reduction in US trade policy uncertainty: the conferral of Permanent Normal Trade Relations (PNTR) to China. Using detailed data on establishment-level pollution emissions and...

Intro -- Contents -- Foreword -- Preface -- Acknowledgments -- Introduction -- Part 1 Modern Economic Growth -- 1. Modern Economic Growth -- 2. Economic Determinism and the Twentieth-Century Experience -- 3. The General and the Particular in Modern Economic Growth -- Part 2 Agrarian Societies...

In recent years, the study of creativity has shifted from analysis of culture as an end in itself to one of economic enhancement, and its capability to generate wealth and promote economic development. Increasingly, European cities and regions are using the arts to fuel wellbeing and...

Intro -- Series Foreword -- Preface -- I Institutions and Economic Performance -- 1 On Institutions and Growth -- 2 Financial Institutional Reform, Growth, and Equality -- 3 How Do Institutions Lead Some Countries to Produce So Much More Output per Worker than Others? -- 4 Regulation and...