Minimum Wage Increases and Individual Employment Trajectories NBER (2018-10-23)
Using administrative employment data from the state of Washington, we use short-duration longitudinal panels to study the impact of Seattle’s minimum wage ordinance on individuals employed in low-wage jobs immediately be .. more |
What are the consequences of global banking for the international transmission of shocks? A quantitative analysis CEPR (2018-10-23)
The global financial crisis of 2008 was followed by a wave of regulatory reforms that affected large banks, especially those with a global presence. These reforms were reactive to the crisis. In this paper we propose a s .. more |
Monetary Policy and Corporate Debt Structure Bank of France (2018-10-23)
This paper evaluates and compares the effects of conventional and unconventional monetary policies on the corporate debt structure in the United States. It does so by using a vector autoregression in which policy shocks .. more |