Abstract. Large fixed costs and (direct and indirect) network externalities generate barriers to entry and high markups for winners in the digital industry

This paper examines the impact of access to housing on fertility rates using random variation from housing credit lotteries in Brazil. We find that obtaining ho

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Abstract. This paper investigates the impact of local house price booms on capital misallocation within industries. Using the geographical variation provid

President Javier Milei aspires to reform Argentina’s economy in the way Ireland turned around its fortunes over the past three decades. The Irish see more nuance to their own story.

Five years after mass protest movement, thousands of victims are trapped between hopelessness and impunity On a recent afternoon in Santiago, several thousand people gathered to mark the fifth anniversary of the vast protest movement which rocked Chile…