The goal of this workshop is to discuss recent developments on the identification of the real effects of financial frictions. We are particularly interested in applied theoretical and empirical work using micro data on the interplay between financial institutions, financial shocks and their...

Topics: • Empirical evidence on misallocation and its sources. • Theoretical perspectives on misallocation and its impact on allocations and welfare. • Cross-country differences in TFP. • Firm dynamics and the aggregate economy.

Suitable research questions for submissions include (but are not limited to): - How do the dynamics of labor market variables vary across countries and what explains these differences? - How have labor market dynamics changed over time, e.g. with the recent financial crisis? - How have changes...