The observed uneven distribution of economic activity across space is influenced by
variation in exogenous geographical characteristics and endogenous interactions between …

This chapter reviews a recent body of theoretical and empirical work that studies the
normative and positive aspects of trade policy. We start by presenting reduced-form …

We investigate the wage, employment, and reallocation effects of the introduction of a
nationwide minimum wage in Germany that affected 15% of all employees. Based on …

This article uses administrative tax data to estimate top wealth in the United States. We
assemble new data that link people to their sources of capital income and develop new …

We study inference in shift-share regression designs, such as when a regional outcome is
regressed on a weighted average of sectoral shocks, using regional sector shares as …

Why do living standards differ so much across countries? A consensus in the development
literature is that differences in productivity are a dominant source of these differences. But …

We quantify the amount of spatial misallocation of labor across US cities and its aggregate
costs. Misallocation arises because high productivity cities like New York and the San …

This article studies the effect of corporate and personal taxes on innovation in the United
States over the twentieth century. We build a panel of the universe of inventors who patented …

We study the impact of widespread adoption of work-from-home (WFH) technology using an
equilibrium model where people choose where to live, how to allocate their time between …

We develop a dynamic trade model with spatially distinct labor markets facing varying
exposure to international trade. The model captures the role of labor mobility frictions, goods …