(Forthcoming Article) - This paper provides new causal evidence on the effects of grade retention on educational attainment, behavioral outcomes, and labor market performance by analyzing Texas’s read...

(Forthcoming Article) - A society reserves certain jobs for members of a politically dominant social group to maximize the wages of workers in that group. Through an appropriate choice of reserved job...

(Forthcoming Article) - We estimate the effect of social media deactivation on users’ emotional state in two large randomized experiments before the 2020 U.S. election. People who deactivated Facebook...

(Forthcoming Article) - We assemble a new data set spanning 150 years and 60 countries to study the economic toll of war. A war of average intensity is associated with an output drop of close to 10 pe...

Did relaxed credit standards drive the housing boom that led to the Great Recession?

(Forthcoming Article)

(Forthcoming Article) - Using an event-study design, we examine whether states' introduction of duty to bargain requirements for police unions led to meaningful changes in civilians killed by law enfo...

(Forthcoming Article) - Over 2 billion people lack clean drinking water. Existing solutions face high costs (piped water) or low demand (point-ofuse chlorine). Using a 60,000 household cluster-randomi...

(Forthcoming Article) - Why is workplace sexual harassment chronically underreported? We hypothesize that employers coerce victims into silence through the threat of a retaliatory firing. To test this, we estimate how two external shocks which reduce workers’ outside options—unemployment rate increases and sharp cuts to unemployment insurance benefits—affect the selectivity of sexual harassment charges filed with the Equal Employment Opportunity Commission. We find that both shocks increase selectivity, which implies an increase in underreporting. Bolstering these findings, anonymous Google searches for “sexual harassment in the workplace” (total prevalence) spike relative to charges filed (reported prevalence) during the Great Recession.

(Forthcoming Article) - We consider an economy in which long-lived experts are matched with short-lived clients. Experts choose the type of client with whom they match, unobserved by the market. The i...

(Forthcoming Article) - This paper studies the determinants of the cyclicality of TFPR. The distribution of TFPR is dependent upon exogenous shocks and the endogenous determination of prices. An overl...

(Forthcoming Article) - We propose an extensive-form solution concept, with players that neglect information from hypothetical events, but make inferences from observed events. Our concept modifies cu...

(Forthcoming Article) - This paper proposes a framework for assessing whether misspecified decision makers would be willing to pay for information that can potentially make them less misspecified. We ...

(Forthcoming Article) - Using data obtained from human resources consulting firms, we document the cost to large firms of hiring managers and business professionals in 146 countries worldwide. The ave...

(Forthcoming Article) - We assess the efficacy of privacy regulation when consumers are privacy conscious. We develop a model of data linkages where a consumer interacts sequentially with two firms: o...

(Forthcoming Article) - Each month, a fraction of UK property leases are extended by 90 years or more. We construct a new dataset using thousands of these natural experiments since 2000, and estimate ...

The impact of the 2002 Bush steel tariffs on jobs in steel-intensive industries.

(Forthcoming Article) - We separately identify domestic and external sources of exchange rate fluctuations in a large sample of small open economies. We find that external shocks lead to large and pre...

(Forthcoming Article) - We argue that consumer credit spreads matter for household choices and that time-varying spreads have important distributional consequences. Studying Danish household data, we ...

(Forthcoming Article) - We show that subjective assessments of employee “potential” contribute to gender gaps in promotion and pay. Using data on 29,809 management-track employees from a large retail ...

(Forthcoming Article) - We study the welfare effects of price discrimination in a duopoly with both captive and contested consumers. Using a unified information design approach, we characterize the be...

(Forthcoming Article) - This paper investigates the adoption, diffusion, and long-run impact of the public mechanical clock, one of the most important high-technology machines in history, on European ...

(Forthcoming Article) - The Combinatorial Multi-Round Ascending Auction (CMRA) is a new auction format used in recent European spectrum auctions. We show that an auction-specific version of truthful b...

(Forthcoming Article) - We use administrative records on the universe of Danish households to characterize survivors’ mental health following their spouse’s death. We provide visually clear evidence f...

(Forthcoming Article) - Modern theories of aggregate supply are built on the foundation that firms set prices and commit to producing whatever the market demands. We remove this strategic restriction ...