Communities that have been structurally and historically marginalized continue to face barriers rooted in practices of exclusion and segregation. These structural constraints often persist within the entrepreneurial sphere, limiting opportunities for Indigenous entrepreneurs to establish and...

While rent-sharing is known to vary according to worker characteristics, the impact of profits on the gender wage gap warrants closer examination. Most studies adopt a single-gender view, neglecting factors tied to bargaining power. Our paper aims to fill this gap by leveraging rich matched...

While rent-sharing is known to vary according to worker characteristics, the impact of profits on the gender wage gap warrants closer examination. Most studies adopt a single-gender view, neglecting factors tied to bargaining power. Our paper aims to fill this gap by leveraging rich matched...

This paper shows how changes in labor market mismatch can be attributed to the components unemployment, vacancies and matching efficiency. We find that unemployment is the most important factor and also drives the cyclical fluctuations, while the vacancy contributions are smaller and...

Market forces, and notably the role of trade openness, contribute to shaping inequality in South Africa and may limit the inclusiveness of its growth path. Recently, policy reforms may have helped to mitigate these effects. To better understand these developments, we analyse trends in post-tax...

This paper proposes a policy-decomposable approach to analysing informality that preserves the standard binary indicator of informal employment. The additive decomposition highlights (i) the role of the composition effects by status in employment, and (ii) the role of the within status...

Conventional VAR-based volatility spillover measures rely on homoskedasticity and single-Gaussian assumptions, limiting their ability to capture structural breaks and heterogeneous shocks during crises. This study develops a flexible framework to analyze volatility transmission in U.S. commodity...

We analyse the gender gap in digital skills use at work across Europe. We find a substantial gap, with women significantly less likely to perform advanced digital tasks. A raw gender gap of around 16 percentage points is observed, of which only 30 per cent is attributable to observable factors....

Market forces, and notably the role of trade openness, contribute to shaping inequality in South Africa and may limit the inclusiveness of its growth path. Recently, policy reforms may have helped to mitigate these effects. To better understand these developments, we analyze trends in post-tax...

We propose a simple and novel approach to estimate the cyclicality of gaps using crosssectional data. Our method controls for composition effects in contexts in which panel data cannot be leveraged. Our method also provides useful insights for assessing common trends in difference-in-differences...

The standard approach to solving linear DSGE models is to apply the QZ method. It is a one-shot algorithm that leaves the researcher with little alternative than to seek a different algorithm should the result be numerically unsatisfactory. We develop an iterative implementation of QZ that...

We construct a narrative instrument for government investment from official records in Germany. Using structural vector autoregressions, we document a significant crowding-in of private investment and an output multiplier of roughly 2. Then, we match a New Keynesian dynamic stochastic general...

Men at the bottom quintile of the German male earnings distribution had lower average earnings in 2019 than in 2001. In contrast, female earnings have increased throughout the distribution. What explains these diverging trends and how did they translate into changes in net income? Data from the...

In many countries, subsidies towards higher education and financial aid to students from poorer backgrounds have reduced socio-economic status (SES) gaps in undergraduate study. The increasing importance of graduate studies that are typically more expensive may, however, provide a new avenue for...

Using rich administrative data from 2005 to 2021 for Belgium, this paper analyses how earnings dynamics differ across socio-demographic groups, focusing on gender and education. We find that while permanent earnings inequality remains the dominant source of overall earnings inequality in...

Using data from the Survey of Health, Ageing and Retirement (SHARE), this paper examines occupational pension income and coverage gaps between men and women. The focus is on a group of countries with comparable occupational pension regulations: Germany, Sweden, the Netherlands and Switzerland....