The paper investigates potential impact of Russia’s WTO accession on the labor market by estimating various labor market elasticities with respect to trade liberalization in Russia in the 90-ies. In particular, the influence of tariff reduction on demand for labor is estimated, intersectoral...

We explore the sources of household balance sheet adjustment following the collapse of the housing market in 2006. First, we use microdata from the Federal Reserve Board's Senior Loan Officer Opinion Survey to document that banks cumulatively tightened consumer lending standards more in counties...

We estimate a structural model of the market for automatic tellermachines (ATMs) in order to evaluate the implications of regulating ATMsurcharges on ATM entry and consumer and producer surplus. We estimatethe model using data on firm and consumer locations, and identify theparameters of the...