Recent studies attribute the rise in wage inequality primarily to widening pay disparities
between rather than within firms. I develop a novel theory to quantitatively explain this fact …

Firms vary in their production processes, leading to different occupational skill requirements,
and they employ workers with varying skill levels. The sorting of workers with heterogeneous …

We study a critical driver of future wages: peers. Using linked employer-employee data for
Italy, we explore peer effects in two directions. First, using a novel estimation method and …

Economists offer two main explanations for the causal labor market returns to education. The
first is human capital accumulation: Education improves ability. The second is signaling …

How do credit shocks affect labor market reallocation and firms' exit, and how does their
propagation depend on labor rigidities at the firm level? To answer these questions, we …

In the ongoing debate regarding the role of inclusive education, the existing literature has
paid insufficient attention to the externalities of students with special needs in general …

The increasing range and quality of China's exports is a major development internationally
with potentially far‐reaching effects. In this paper, on top of the direct labour market effects of …

Education can generate important externalities that contribute towards economic growth and
convergence. In this paper, we study such externalities and their drivers by conducting the …

Recent studies attribute the rise in wage inequality primarily to widening pay disparities
between rather than within firms. I develop a novel theory to quantitatively explain this fact …

Purpose The paper investigates the determinants of the Ordinary Least Squares (OLS) bias
of the wage return to graduate education for high-school workers in Portugal …