Rossi (2022) examines the relative efficiency of skilled workers across countries. He finds the elasticity of skill efficiency with respect to GDP per worker is 1.4 and that the relative human capital accounts for only about 9 percent. We reproduce the paper's main findings and test the...

This paper reviews the evidence on the importance of human capital for macro-economic development. Through the lens of a simple aggregate production function, human capital might increase output per capita by directly entering in the production process, incentivising the accumulation of...

We document that nearly half of the global decline in agricultural employment during the 20th-century was driven by new cohorts entering the labor market. A newly compiled dataset of policy reforms supports an interpretation of these cohort effects as human capital. Through the lens of a model...

We quantify the effect of consumers' price uncertainty on gasoline prices and margins on an Italian highway. We observe the change in prices triggered by a longitudinal policy-based change in consumers' price information from one in which drivers on the highway had no information on the prices...

Today, out of more than 130 countries with competition laws, roughly 50 of them foresee a leniency programme15; the vast majority of them being adopted in the past 25 years in what can undoubtedly be considered a "leniency revolution". Latin America provides a good example of this leniency...

Price transparency initiatives are typically undertaken by third parties to ensure that consumers can compare the prices of competing offers in markets where obtaining such information is costly. Such practices have recently become widespread, yet it is unclear whether the increased price...