Social norms are an important barrier to gender convergence. We show that public policy designed to promote gender equality at home can pave the way towards gender convergence by shaping gender norms in the next generation. We combine the introduction of paternity leave in Spain with a...

In this paper we explore the link between monetary policy and market power. We start by establishing several facts on market power in UK markets using micro data. First, while no clear trend emerges for market concentration, market power measured by markups estimated at the firm level have...

I analyse the post-crisis slowdown in UK productivity growth using a novel decomposition framework, applied to firm-level data. The framework tracks flexibly defined distributions over time, and links changes in the shape of these distributions to aggregate movements. It encompasses many...

Social norms are an important barrier to gender convergence. We show that public policy designed to promote gender equality at home can pave the way towards gender convergence by shaping gender norms in the next generation. We combine the introduction of paternity leave in Spain with a...