We present a news-based measure of adverse geopolitical events and associated risks. The
geopolitical risk (GPR) index spikes around the two world wars, at the beginning of the …

We adapt simple tools from computational linguistics to construct a new measure of political
risk faced by individual US firms: the share of their quarterly earnings conference calls that …

We postulate a continuous‐time heterogeneous agent model with a financial sector and
households to study the nonlinear linkages between aggregate and financial variables. In …

We use time series techniques to estimate the importance of four main explanations for the
decline of the US labor income share: rising firm markups, falling bargaining power of …

This article develops theoretical and practical motivations for studying the functional
distribution of income in the past. Italy is adopted as a case study, because of the availability …

We construct a general equilibrium model in which income inequality results in insufficient
aggregate demand, deflation pressure, and excessive credit growth by allocating income to …

This article deals with the estimation of the risk‐insurance nexus. We specifically examined
the effect of geopolitical risk on insurance premium in a panel of 18 countries, while …

Over the last four decades, the US economy has experienced a few secular trends: declining
labor share, increasing profit share, widening income and wealth inequalities, rising …

This paper deals with the estimation of the risk-insurance nexus. We specifically examined
the effect of geopolitical risk on insurance premium in a panel of 18 countries while …

We study the relationship between city size and the risk of being unemployed. We introduce
a new mechanism, job pooling, as a source of agglomeration economies in a model of risk …