We propose that false beliefs about the own current economic status are an important factor for explaining populist attitudes. Along with the subjects' receptiveness to right-wing populism, we elicit their perceived relative income positions in a representative survey of German households. We...

Every year during the second and thirdquarters (the hot seasonʺ) housing markets in the UK and the US experience systematic above-trend increases in both prices and transactions. During the fourth and first quarters (the cold seasonʺ), house prices and transactions fall below trend. We propose...

We develop a new general equilibrium model of monopolistic competition with heterogeneous firms, variable demand elasticity and multiple asymmetric regions, in which trade integration induces wage and productivity changes. Using Canada-US interregional trade data, we structurally estimate a...