Work in Progress

Sectoral Propagation of Oil Shocks and Monetary Policy in a Small Open Economy
How do oil shocks spread through input–output linkages in a small open economy, and what does this mean for monetary policy?
Agustin Diaz Casanueva, Mario Giarda
What Drove the Decline in U.S. Teen Childbearing? A Cross-Cohort Decomposition
Fertility control accounts for 56 percent of the fall in births at 15–19 between the cohorts born in 1976–80 and 1992–96, better earnings and schooling prospects for a quarter, and better-educated mothers for an eighth.
Agustin Diaz Casanueva
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What Drove the Decline in U.S. Teen Childbearing? A Cross-Cohort Decomposition
Employer Concentration and Labor Market Power
How much of the relationship between employer concentration and earnings reflects labor market power?
Alvaro Castillo, Agustin Diaz Casanueva, Alvaro Garcia-Marin, Matias Tapia
Employer Concentration and Labor Market Power
Human Capital Misallocation and General Equilibrium Effects
What are the general equilibrium effects of high-ability individuals ending up with low educational attainment in Chile?
Agustin Diaz Casanueva, Nadim Elayan-Balague, Carla Varona Cervantes
Human Capital Misallocation and General Equilibrium Effects
Factoring and the Transmission of Monetary Policy
Does factoring mitigate or amplify the contraction in bank credit that follows a monetary tightening?
Bernardo de Moura, Agustin Diaz Casanueva, Ramiro de Elejalde
Returns to College Majors and General Equilibrium
Why don’t selective universities expand, and how do the returns to degrees differ by program quality?
Francesco Agostinelli, Emilio Borghesan, Agustin Diaz Casanueva, Jorge Rodriguez