Aug 2021
Author(s): Alviarez, Vanessa;Fioretti, Michele;Kikkawa, Ken;Morlacco, Monica
Firms in global value chains (GVCs) are granular and exert bargaining power over the terms of trade. We show that these features are crucial to understanding the well-established variation in prices…
Jul 2019
Author(s): Ayres, João;Raveendranathan, Gajendran
We use firm dynamics statistics on employment by age, entry, exit, and job flows to identify sources of business cycle fluctuations in the U.S. economy since 1980.
We extend the Hopenhayn (…
Jun 2016
Author(s): Lee, Sang Keon;Kwon, Heeseo Rain;Cho, HeeAh;Kim, Jongbok;Lee, Donju
This case study is one of ten international studies developed by the Korea Research Institute for Human Settlements (KRIHS), in association with the Inter-American Development Bank (IDB), for the…