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Returns to Scale, Productivity Measurement, and Trends in U.S. Manufacturing Misallocation

On the Accuracy of Linear DSGE Solution Methods and the Consequences for Log-Normal Asset Pricing

The Effect of Macroeconomic Uncertainty on Household Spending

Social proximity to capital: Implications for investors and firms

The People versus the Markets: A Parsimonious Model of Inflation Expectations

Productivity Shocks, Long-Term Contracts and Earnings Dynamics

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Demand Networks: Theory and Measurement in Denmark

The Effect of Self-Control on Borrowing: Experimental Evidence

This paper examines the effect of reduced self-control on debt-taking in a laboratory experiment. We manipulate self-control using an ego depletion task and show that it is effective. Following the ego depletion task, participants can anonymously buy hot drinks on credit. We find no significant average effects, but find that treated individuals that have low financial literacy are more likely to buy ...

Familien im Fokus der Bundestagswahl: Ein Bekenntnis zur Systemrelevanz von Familien

Nachdem die Familie am Anfang der Pandemie kaum eine Bedeutung hatte, wird inzwischen vielfach über die Belastung der Familien diskutiert. Fakt ist, Familien sind in der Pandemie in mehrfacher Hinsicht stark belastet. Jedoch nicht alle in gleichem Umfang. Das sollte den Parteien im Bundestagswahlkampf 2021 klar sein, wenn es darum geht die Folgen der Pandemie für Familien abzumildern und Versäumtes ...