This paper demonstrate that the extent to which unemployed human capital is heterogeneous and specific, rather than homogeneous and general, plays a key role in the labor market, accounting for a significant share of joblessness in the pre-COVID era.
This is a crash course in economic problems and public policy. The goal is to build on economic principles and develop an understanding of how modern economist think about problems in the public policy space.
This paper constructs a more holistic model of M&A activity to produce accurate estimates of merger and acquisition determinants and reveal the bias of previous estimation techniques.