 | Labor Market Implications for Green Investments and Carbon Pricing in Spain:Spain Author/Editor: Ana Lariau, Yu Shi. Release Date:January, 2023 We provide a tractable framework for assessing the labor market impact of policies that support the green transition of the Spanish economy, taking into account input-output linkages. We present more...
| Price: $15.00
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 | Labor Productivity Dynamics in Spain: A Firm-Level Perspective:Spain Author/Editor: Nicolas Arregui, Yu Shi. Release Date:January, 2023 This paper uses firm-level data that covers over 1.2 million Spanish firms during the period of 2003-2019 to provide an updated assessment of the drivers of labor productivity in the Spanish economy, more...
| Price: $15.00
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 | Economic Scarring: Channels and Policy Implications Author/Editor: Nujin Suphaphiphat, Yu Shi. Release Date:December, 2022 This paper documents the existence of medium-to-long term output losses following large crises using panel data that cover 192 countries from 1970 to 2015 and shows that the magnitudes of economic more...
| Price: $20.00
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 | Financial Constraints, Productivity, and Investment: Evidence from Lithuania Author/Editor: Karim Foda, Yu Shi, Maryam Vaziri. Release Date:December, 2022 This paper studies the relation between firms' access to finance, labor productivity and investment using Lithuanian firm-level data from 2000–2018. To do so, we construct a measure of financial more...
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 | Who Bore the Brunt of the Pandemic in Europe? Shifting Private Stress to the Public Sector Author/Editor: Marco Arena, Ruo Chen, Alfredo Cuevas, Karim Foda, Borja Gracia, Estelle X Liu, Alex Pienkowski, Christiane Roehler, Shituo Sun, Sebastian Weber, Xin Cindy Xu, Yu Shi. Release Date:July, 2021 In Europe, the severe human toll of the COVID-19 pandemic was compounded by the deepest fall in economic activity in modern history. Yet this huge decline in output did surprisingly little damage to more...
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 | A European Minimum Wage: Implications for Poverty and Macroeconomic Imbalances Author/Editor: Enrica Detragiache, Christian H Ebeke, La-Bhus Fah Jirasavetakul, Koralai Kirabaeva, Davide Malacrino, Florian Misch, Hyun Woo Park, Yu Shi. Release Date:May, 2020 A hypothetical European Minimum Wage (MW) set at 60 percent of each country’s median wage would reduce in-work poverty but have limited effects on overall poverty, as many poor households do not more...
| Price: $18.00
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 | Foreign Demand and Local House Prices: Evidence from the US Author/Editor: Damien Puy, Anil Ari, Yu Shi. Release Date:February, 2020 We test whether foreign demand matters for local house prices in the US using an identification strategy based on the existence of “home bias abroad” in international real estate markets. more...
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 | Internal Capital Markets in Business Groups and the Propagation of Credit Supply Shocks Author/Editor: Yu Shi, Robert M Townsend, Wu Zhu. Release Date:May, 2019 Using business registry data from China, we show that internal capital markets in business groups can propagate corporate shareholders’ credit supply shocks to their subsidiaries. An average of more...
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 | Sectoral Booms and Misallocation of Managerial Talent: Evidence from the Chinese Real Estate Boom Author/Editor: Yu Shi. Release Date:September, 2018 This paper identifies a new mechanism leading to inefficiency in capital reallocation at the extensive margin when an economy experiences a sectoral boom. I argue that imperfections in the financial more...
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 | Household Financial Access and Risk Sharing in Nigeria Author/Editor: Stacy Carlson, Era Dabla-Norris, Mika Saito, Yu Shi. Release Date:July, 2015 We examine the role of household financial access in determining the extent of risksharingin Nigeria using household-level panel data. We estimate changes in the responseof consumption to shocks for more...
| Price: $18.00
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