An increasing number of household and firm surveys ask for subjective probabilities that the inflation rate falls into various outcome ranges. We provide a new measure of the uncertainty implicit in such…
Using data from the European Central Bank's Survey of Professional Forecasters and ECB/Eurosystem staff projections, we analyze the role of ex-ante conditioning variables for macroeconomic forecasts. In…
We analyze the effectiveness of the German tax reduction on fuel prices (‘Tankrabatt’) that was introduced for three months, starting on 1 June 2022. We use the synthetic difference-in-differences estimator to…
E-commerce has gained importance over the last years and the COVID-19 pandemic has further strengthened this development. With the increasing opportunities that novel transport technologies, amongst them cargo…
Obtaining indicators on the innovation activities of firms has been a challenge in economic research for a long time. The most frequently used indicators - R&D expenditures and patents - provide an incomplete…
Despite some advantages over traditional (offline) labour markets – such as lower search costs, better matching and improved monitoring – online labour markets (OLMs) have not taken off as initially expected. In…
This paper studies the effect of trade liberalisation on gender wage inequality. A simple trade model with employer taste-based discrimination and imperfect competition provides an explanation for the…
We explore the relationship between social mobility and economic development. First, we map the geography of intergenerational mobility in education for 52 Latin American regions, and examine its evolution over…
