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End of Apartheid, Not of Inequality: the Slow Transition in a Segregated Economy.
Kristina Manysheva, Columbia Business School
Despite the formal end of Apartheid in 1994, South Africa remains one of the most unequal countries in the world. This paper investigates...
Michael Beauregard Seminar in Macroeconomics: Tuesday, March 17
Chang-Tai Hsieh, The University of Chicago Booth School of Business
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Sticky Discount Rates
Kilian Huber, The University of Chicago Booth School of Business
In standard models, expected inflation on its own does not affect the real investment decisions of firms, unless the real cost of capital or...
Michael Beauregard Seminar in Macroeconomics: Tuesday, April 7
Diego Restuccia, University of Toronto
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Michael Beauregard Seminar in Macroeconomics: Tuesday, April 21
Johannes Wieland, University of California, San Diego
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Lock-in and productive innovations: implications for firm-to-firm innovation pass-through
Lucía Casal, Columbia Business School
Firms innovate to improve efficiency and reduce their costs of production (productive innovations) and to increase customer dependency by...
