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Business Economics

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The great divergence(s)

Published: April 1, 2024 00:00

This paper provides new evidence on the increasing dispersion in wages and productivity using a unique micro-aggregated firm-level data source, representative for the full population of firms in 12 countries. First, we document an increase in wage and…

Firm level expectations and macroeconomic conditions underpinnings and disagreement

Published: March 8, 2024 00:00

There is abundant evidence that financial analysts inflation expectations differ in economically important ways from those of non-financial specialists. As a result, there is an increasing demand for firm-level data to more accurately capture the views of…

Breaking Barriers: The Impact of Employer Exposure to Immigrants

Published: March 1, 2024 00:00

We study how exposure of employers to immigrants, both at the market and at the individual firm level, mitigates immigrant-native disparities. We use administrative employee-employer matched data from Portugal, which provides a unique setting given that it…