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Do trade agreements contribute to the decline in labor share? Evidence from Latin American countries
(World Development (ISSN 1873-5991), 2024)
In this paper, we explore the role of trade in the evolution of labor share in Latin American countries (LAC). We use trade agreements with large economies (US, EU, and China) to capture the effect of sharp changes in ...
Estimating the Welfare Costs of Very High Inflations and Hyperinflations
(Universität Bern, 2024)
We explore the welfare costs of inflation originating from lack of liquidity
satiation for Weimar Republic’s hyperinflation and three high-inflation countries.
Towards the peak of Weimar’s hyperinflation the costs are ...