Working Papers

The Spillover Effects of Labor Regulations on the Structure of Earnings and Employment: Evidence from Occupational Licensing

Occupational licensing has negative wage and labor supply effects on occupations that use similar latent skills consistent with a monopsony model. The negative effects are particularly strong for women, black workers, and Hispanic workers.

Financial Repercussions of SNAP Work Requirements

SNAP work requirements for Able-Bodied Adults Without Dependents (ABAWDs) significantly increased credit seeking, credit balances, and past due credit cards.

The Dynamics of Power in Labor Markets: Monopolistic Unions versus Monopsonistic Employers

Union density mitigates the negative earnings effects of employer market concentration. Unionization benefits white collar and above-median workers at the firm most in more competitive markets.

Monopsony, Skills, and Labor Market Concentration

Labor market concentration within skill clusters is lower than other measures. Higher concentration leads to lower wages, with heterogeneity in effects.

Making Reference-Dependent Preferences: Evidence from Door-to-Door Sales

Workers exhibit reference-dependent labor supply around expectations. Their expectations are based upon optimizing long-run objectives at lump-sum bonuses paid by the firm.

The Changing Skill Content of Private Sector Union Coverage

Union membership has become relatively more focused on non-routine, cognitive skills over time in the US. We contextualize this in a Roy model of unionization in the US.

The Place-Based Turn in Federal Policy, 1990-2015

The federal government spent over $360 billion from 1990-2015 on place-based policies. Areas with more disadvantage, more segregation, and more non-profit capacity received more of these funds.

Seniors' Home Equity Extraction: Credit Constraints and Borrowing Channels

We explore how seniors' home equity borrowing responds to house price changes during times of tight vs loose underwriting. We also compare reverse mortgages to forward mortgages.

What are the Perceived Barriers to Homeownership for Young Adults?

Perceptions of housing affordability among young adults are more strongly determined by individual financial circumstances than by market conditions.