Bisherige Studien gehen davon aus, dass kognitive Fähigkeiten spätestens ab dem 30. Lebensjahr nachlassen. Die Annahme beruht jedoch weitgehend auf Querschnittsdaten, die nicht zwischen Alters- und Kohorteneffekten unterscheiden können. Einzigartige deutsche Längsschnittdaten zu Kompetenzen...

The empirical migration literature often identifies the labor market effects of immi- gration using exogenous variation of migration concentration across sectors or regions. However, this approach differences out macroeconomic effects which occur in all sec- tors. In this paper we apply...

The empirical migration literature often identifies the labor market effects of immigration using exogenous variation of migration concentration across sectors. However, this approach differences out macroeconomic effects which occur in all sectors. We apply macroeconomic time series methods to...

This study applies the Quadratic Almost Ideal Demand System (QUAIDS) to the Asian Development Bank's Multi-Region Input-Output (MRIO) dataset to estimate global demand and supply elasticities across intermediate vs. final, and domestic vs. foreign sectors. Using pooled data from 2021-2023,...

The empirical migration literature often identifies the labor market effects of immigration using exogenous variation of migration concentration across sectors. However, this approach differences out macroeconomic effects which occur in all sectors. We apply macroeconomic time series methods to...

The empirical migration literature often identifies the labor market effects of immi- gration using exogenous variation of migration concentration across sectors or regions. However, this approach differences out macroeconomic effects which occur in all sec- tors. In this paper we apply...

We characterize Nash equilibria in multi-product markets in which producers commit to vectors of supply functions contingent on all prices. The framework accommodates (dis)economies of scope in production, and goods may be substitutes or complements in demand. We show that equilibrium...

Natural gas is a crucial element of energy supply in Great Britain (GB). The vast majority of GB gas consumption occurs in three main sectors: industry, Local Distribution Zone (residential, commercial, and services), and power generation. While there are strong seasonal patterns of demand...

I consider a long-term outlook for the U.S. economy. My thesis is that the U.S. has moved from a deflationary regime to an inflationary regime. The shift is associated with China's emergence as a bona fide geopolitical rival to the U.S. and what this geopolitical event implies for the supply and...

This paper develops an econometric framework for identifying latent factors that provide real-time estimates of supply and demand conditions shaping goods- and services-related price pressures in the U.S. economy. The factors are estimated using category-specific personal consumption...

Based on granular data at the product level, this paper looks at whether and how the euro area and the United States have modified their import sourcing strategies since 2016, the role played by geopolitical tensions and the potential impact on import prices. It considers two different, but not...

This paper uses a health labor market lens to examine the impact of COVID-19 on health workers, as well as relevant policy levers. It compiles a collection of literature using a standardized measurement framework to determine the impact of COVID-19 on health workers. It examines the relevant...

Alternative Kraftstoffe gelten laut dem Nationalen Klimaschutzplan 2050 als ein wesentlicher Baustein zur Dekarbonisierung des Verkehrssystems in Deutschland. Zu den alternativen Kraftstoffen zählen auch Kraftstoffe auf Basis biogener Ressourcen. Welchen Beitrag diese Kraftstoffe für die...

Alternative Kraftstoffe gelten laut dem Nationalen Klimaschutzplan 2050 als ein wesentlicher Baustein zur Dekarbonisierung des Verkehrssystems in Deutschland. Zu den alternativen Kraftstoffen zählen auch Kraftstoffe auf Basis biogener Ressourcen. Welchen Beitrag diese Kraftstoffe für die...

We study the role of regional housing markets in the transmission of US monetary policy. Using a FAVAR model over 1999q1-2019q4, we find sizeable heterogeneity in the responses of US states to a contractionary monetary policy shock. Part of this regional variation is due to differences in...

Contractions in credit supply can lead firms to reduce their level of employment, yet little is known about how these shocks affect the composition of firms' employees and outcomes at the worker level. This paper investigates how bank distress affects credit provision and its effects on...

This paper uses a health labor market lens to examine the impact of COVID-19 on health workers, as well as relevant policy levers. It compiles a collection of literature using a standardized measurement framework to determine the impact of COVID-19 on health workers. It examines the relevant...

The model of perfect competition is one of the most famous, most important, and most misunderstood concepts in economics. Rather than aiming to be a full-blown model of real-world competitive markets, the perfect competition model isolates the decentralized coordination mechanism inherent in all...

We estimate local housing supply elasticities for 325 local authorities and 6,788 census tract areas in England. We examine how housing supply responds to price changes across small areas and how this varies according to a rich set of geographic and policy constraints. Our central estimate for...

We write this essay for both lay readers and scientists, though mainstream economists are welcome to enjoy it too. Our subject is the basic toolbox of mainstream economics. The most important tools in this box are demand, supply and equilibrium. All mainstream economists – as well as many...

This paper reviews accounting education literature with a focus on the supply of and demand for accounting professional's competencies. Its main objective is to determine which actors are involved in the relationship, ascertain both sides' perspectives, and evidence competency supply and demand...

The future of the European hydrogen supply industry lies at the heart of the European Union's energy policy, demanding the reconciliation of conflicting interests in liberalization, sustainability, and security of supply. This paper analyses the unique challenges faced by the emerging hydrogen...