The Degrowth movement advocates a radical shift from our capitalist economic system to one based on human needs, planetary boundaries, and economic democracy. The literature, however, often neglects detailing the concrete coordination mechanisms of a Degrowth economy. This paper addresses this...

We use surveys, laboratory experiments and administrative data to study how heterogeneity in the perceived immorality of work and in workers' aversion to acting immorally impact labor market outcomes. Immoral work is associated with higher wages, both in administrative data and in causal...

We propose and implement a procedure to optimally hedge climate change risk. First, we construct climate risk indices through textual analysis of newspapers. Second, we present a new approach to compute factor mimicking portfolios to build climate risk hedge portfolios. The new mimicking...

The idea that students benefit from same-sex teachers has motivated policies around the world aimed at reducing gender inequalities. However, we do not know the size or generalizability of such same-sex teacher effects. We fill this gap by conducting a meta-analysis and our own study using data...

Crypto assets' partial money-like use promotes toxic developments in the financial system. Even though crypto assets might be regarded as close substitutes to traditional money, we show that they lack important functions of money. Traditional fiat money requires several interacting institutions...

Extensive economic literature has covered the effect of a natural resource boom on the performance of the manufacturing sector. Specifically, the Dutch Disease hypothesis establishes that increases in commodity prices should lead to a decrease in manufacturing exports, due to significant inflows...

The share of female physicians has risen in OECD countries in recent decades, but we know little about the effects of physician gender. We exploit quasi-random assignment of primary care providers (PCPs) to patients and estimate the causal effect of female PCPs on health care provision. Using...

The development accounting literature assumes that sector labor income shares and output per person across countries are not correlated. In this paper, I show that the data reject this assumption for a large set of countries. The labor shares in the manufacturing and the market-services sectors...

The outbreak of the COVID-19 pandemic had an enormous impact on social and economic life and in particular. for human health care. In this paper, we document the impact of the COVID-19 pandemic and its accompanying policies on individual health care utilization. We use detailed administrative...

Truthful reporting about the realization of a publicly observed event cannot be guaranteed by a consensus process. This fact, which we establish theoretically and verify empirically, holds true even if some individuals are compelled to tell the truth, regardless of economic incentives. We...