Publications

Purchasing power restored through wage growth, but more people living below the poverty line. →

How do increases in energy prices transmit to real economic activity and influence the distribution of income? Does it matter whether households receive capital or labor income? What are the distributional and... →

In this paper, we use machine learning techniques to predict whether a company would have left the market in a world without corona. These predictions show that unhealthy companies applied for support less often than healthy companies. But we also show that the COVID-19 support has prevented most exits among unhealthy companies. This indicates that the corona support measures have had a negative impact on productivity growth. →