“...This paper assesses the impact of two social security reforms using a calibrated, dynamic life cycle model. It quantifies the long‐run distributional impact of...”

“...The progressive diffusion of ICT explains the raise in the number of highly paid jobs but has difficulties in justifying that of low-paid jobs. Classifying...”

“...We propose a simple theory of under- and over-employment. Individuals of high type can perform both skilled and unskilled jobs, but only a fraction of low-type...”

“...This paper examines the empirical link between labor market institutions and international business cycle synchronization. Using a data panel of 20 OECD...”

“...This study investigates job polarization in the United States and in France. In the data, the dynamics of employment shares for abstract, routine, and manual...”

“...The paper explores the empirical dimensions of a New Open Economy Macronomy model characterized by credit market frictions. We find that these frictions are...”

“...Using a general equilibrium heterogeneous agent model featuring health production, we quantify the relative contribution of price distortions in the health...”

“...Transitions to floating exchange rate regimes have led to sharp increases in exchange rate volatilities with no corresponding changes in the distribution of...”

“...This important new book builds upon the seminal work by Obsfeld and Rogoff, Foundations of International Macroeconomicsand aims at providing a coherent and...”

“...In this paper, we show that (i) the volatility of worker flows increases with age in US CPS data, and (ii)a search and matching model with life-cycle features,...”