Who pays for tariffs? It’s a simple question that’s surprisingly tough to answer. We often see only a rough aggregate measure of prices at the border or the retail price, missing many steps in the chain. We tackle this in a new paper w Aaron Flaaen, Ali Hortacsu, Felix Tintelnot and Daniel Xu

📢New @nber.org WP with @ayllonsara.bsky.social, Lars Lefgren, @richpatterson.bsky.social & Nicolas Urdaneta! We would love any feedback if you have a chance to take a look. Full paper here: nber.org/papers/w33911

Business Size, Development, and Inequality in Latin America: A Tale of One Tail My latest work with ⁦Marcela Eslava, Marcela Meléndez, and Laura Tenjo⁦⁩ is out as a WB Working Paper. documents.worldbank.org/en/publicati...