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This paper studies the long-term consequences on firms and workers of the credit crunch triggered by the 2007-2008 global financial crisis. Relying on a unique matched bank-employer-employee administrative dataset, we construct a firm-specific credit supply shock and examine firms’ and...
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-US interregional trade data, we structurally estimate a theory-based gravity equation system featuring endogenous wages and … Canada-US border on regional market aggregates such as wages, productivity, markups, the mass of varieties produced and …
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