Macro Paper Warehouse

Warehouse / JEL / J31

J31

22 papers tracked 0 forthcoming
⌁ Follow this jel_codes
Showing 22 papers
Published Journal of Monetary Economics Online 1 Apr 2026 Published Apr 2026
Biased expectations and labor market outcomes: Evidence from German survey data and implications for the East–West wage gap

Almut Balleer · Georg Duernecker · Susanne Forstner · Johannes Goensch

The paper asks two questions: (1) How do workers' biased expectations about job finding and job separation shape the labor market equilibrium and wages? (2) Are differences in expectation biases …

Published American Economic Review Online 1 Dec 2025 Published Dec 2025
Firm Responses and Wage Effects of Foreign Demand Shocks with Fixed Labor Costs and Monopsony

Emmanuel Dhyne · Ayumu Ken Kikkawa · Toshiaki Komatsu · Magne Mogstad · Felix Tintelnot

The paper asks three related questions in the context of Belgium, a small open economy: (1) What do firms' responses to demand shocks reveal about their cost structures? (2) What are the worker and …

Published Quarterly Journal of Economics Online 11 Oct 2024 Published Jan 2025
The Long-Run Impacts of Public Industrial Investment on Local Development and Economic Mobility: Evidence from World War II

Andrew Garin · Jonathan Rothbaum

Does government-led construction of large manufacturing plants in previously under-industrialized regions generate long-run improvements in regional economic development and in the lifetime earnings …