“...This paper provides new theory and evidence on the relationship between ability and entrepreneurship. I show that there is a U-shaped relationship between the...”

“...Euro area economies have lower total factor and labour productivity than the US. I argue that differences in entry cost contribute to this by affecting firms'...”

“...Over the last 50 years the U.S. tax system went through a striking transformation that reduced the effective tax rates for top income groups and raised...”

“...A declining agricultural employment share is a key feature of economic development. Its main drivers are: improvements in agricultural technology combined with...”

“...We compute the optimal non-linear tax policy for a dynastic economy with uninsurable risk, where generations are linked by dynastic wealth accumulation and...”

“...In this article, we examine the feasibility and implications of working from home in developing countries. As a large number of countries have implemented...”

“...Trusting behavior has been shown to affect households' portfolio choice between risky and risk-free financial assets. We extend the analysis to include the...”

“...The recent literature has argued for high concentration of earnings, differences in rates of return on assets and bequests as potential determinants of the...”

“...Output per worker is lower in poor countries than in rich countries, and relatively more so in the agricultural sector. Sorting of heterogeneous workers can...”

“...We measure the effect of lockdown policies on employment and GDP across countries using individual- and sector-level data. Employment effects depend on the...”