We document five facts about the distributional income effects of monetary policy shocks
using Swedish administrative individual-level data.(i) The effects of monetary policy shocks …

We describe a frame work for empirical welfare analysis that uses the causal estimates of a
policy's impact on net government spending. This framework provides guidance for which …

What is the most efficient way to respond to recessions in the labor market? To this question,
policymakers on the two sides of the pond gave diametrically opposed answers during the …

This paper reviews the literature on the incidence of consumption and labor taxes and
focuses on the empirical results that show stark departures from the canonical model of tax …

We study the effects of the largest corporate income tax cut in US history on firms and
workers. To identify causal effects, we use employer-employee matched tax records and …

How do firms set wages across space? Using job-level vacancy data and a survey of HR
managers, we show that 40-50% of a job's posted wages are identical across locations …

Nonemployment is often posited as a worker's outside option in wage-setting models such
as bargaining and wage posting. The value of nonemployment is therefore a key …

We estimate the wage effects of shared governance, or codetermination, in the form of a
mandate of one-third of corporate board seats going to worker representatives. We study a …

We revisit the estimation of industry wage differentials using linked employer-employee
data. Cross-sectional industry differences overstate pay premiums due to unmeasured …

We estimate how much firms differentiate pay premia between regular and outsourced
workers in temp agency work arrangements. We leverage unique Argentinian administrative …