Research

WORKING PAPERS


"An Equilibrium Model of the Market for Bitcoin Mining", November 2017
http://www.nber.org/papers/w22703
with Benjamin Walter

"Reputation Cycles", September 2016
http://www.nber.org/papers/w22703
with Boyan Jovanovic

PUBLICATIONS



"Firm Dynamics and Residual Inequality in Open Economies", This version: May 2016https://www.dropbox.com/s/l89peqncwn6f7vi/Trade_Inequality_Prat.pdf?dl=0
with Gabriel Felbermayr and Giammario Impullitti
Forthcoming in the Journal of the European Economic Association

"Human Capital and Optimal Redistribution"https://ac.els-cdn.com/S1094202517300819/1-s2.0-S1094202517300819-main.pdf?_tid=4ee7c0ea-0688-11e8-b9f8-00000aacb362&acdnat=1517404494_394393c4e508908ffd3dadddda265ea4
with Winfried Koeniger
Review of Economic Dynamics, 2018, Vol. 27, pp. 1-26
Technical Appendixhttps://www.dropbox.com/s/l8qlb79la0j685i/Technical_Appendix_Koeniger_Prat.pdf?dl=0

"Dynamic Contracts and Learning by Doing"http://link.springer.com/article/10.1007/s11579-014-0120-6
Mathematics and Financial Economics, 2015, Vol. 9(3), pp. 169-193

"Dynamic Contracts when Agent's Quality is Unknown" https://www.dropbox.com/s/r67twbuqfiq8lhz/TE_Jovanovic_Prat.pdf
with Boyan Jovanovic
Theoretical Economics, 2014, Vol. 9, pp. 865-914
Previously circulated under the title "Dynamic Incentive Contracts under Parameter Uncertainty"

“Efficiency Gains from Trade and Labor Market Outcomes”http://norden.diva-portal.org/smash/get/diva2:702941/FULLTEXT01.pdf
with Gabriel Felbermayr
Nordic Economic Policy Review, 
2013, Vol. 1, pp. 45-72

"Job Market Signaling and Employer Learning"
Journal of Economic Theory, 2012, Vol. 147(5), pp. 1787-1817
Working paper Version

"Trade and Unemployment: What Do the Data Say?"
with Gabriel Felbermayr and Hans-Jorg Schmerer
European Economic Review, 2011, Vol. 55(6), pp. 741-758

"Globalization and Labor Market Outcomes: Wage Bargaining, Search Frictions, and Firm Heterogeneity"
with Gabriel Felbermayr and Hans-Jorg Schmerer
Journal of Economic Theory, 2011, Vol. 146(1), pp. 39-73
Working paper version

"Product Market Regulation, Firm Selection and Unemployment"
with Gabriel Felbermayr
Journal of the European Economic Association, 2011, Vol. 9(2), pp. 278-317
Working paper version

"The Rate of Learning-by-doing: Estimates from a Search-Matching Model"
Journal of Applied Econometrics, 2010, Vol. 25(6), pp. 929-962

"Employment Protection, Product Market Regulation and Firm Selection"
with Winfried Koeniger
Economic Journal, 2007, Vol. 117 (June), F302–F332.

"The Impact of Disembodied Technological Progress on Unemployment"
Review of Economic Dynamics, 2007, Vol. 10 (1), pp. 106-125

"Job Selection under Uncertainty and the Wage Distribution"
The B.E. Journal of Macroeconomics (Contributions), 2006, Vol. 6 (1), Article 2

"Increasing Optimism and Demand Uncertainty"
Economics Bulletin, 2005, Vol. 12: No. 10, pp. 1-8