Social networks may affect workers' labor market outcomes. Using rich spatial data from administrative records, we analyze whether the employment status of neighbors influences the employment probability of a worker who lost his job due to a plant closure and the channels through which this...

When countries need to implement costly economic policy reforms, these often imply uncertainties about their effectiveness for the homecountry and their spillovers to other countries. We develop a model to show that under these circumstances countries implement too few or too many policy...

This paper uses a survey among students at European universities to explore whether Russia's invasion of Ukraine has affected attitudes toward European integration. Some respondents completed the survey just before Russia's assault on February 24, 2022, and some did so just afterwards, thus...

This paper uses a survey among students at European universities to explore whether Russia's invasion of Ukraine has affected attitudes toward European integration. Some respondents completed the survey just before Russia's assault on February 24, 2022, and some did so just afterwards, thus...

We develop a model to analyze policymakers’ incentives to install policy rules, comparing the case of no rule with a binding and a contingent policy rule that allows policymakers to suspend the rule in response to a sufficiently large shock. First, abstracting from political polarization, we...