• An anatomy of monopsony : Search frictions, amenities and bargaining in concentrated markets 

      Berger, David; Herkenhoff, Kyle; Kostol, Andreas R.; Mongey, Simon (Working paper;10/2023, Working paper, 2023)
      We contribute a theory in which three channels interact to determine the degree of monopsony power and therefore the markdown of a worker’s spot wage relative to her marginal product: (1) heterogeneity in worker-firm-specific ...
    • Distributional effects of monetary policy in Norway 

      Mimir, Yasin; Mæhlum, Mathis; Torstensen, Kjersti Næss (Staff Memo;4/2021, Working paper, 2021)
      We quantify the short-term effects of both non-systematic and systematic monetary policy on the income and wealth distribution in Norway, and measure the relative importance of the various channels. An expansionary monetary ...