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.
SNAP work requirements for Able-Bodied Adults Without Dependents (ABAWDs) significantly increased credit seeking, credit balances, and past due credit cards.
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.
Labor market concentration within skill clusters is lower than other measures. Higher concentration leads to lower wages, with heterogeneity in effects.
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.
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 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.
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.
Perceptions of housing affordability among young adults are more strongly determined by individual financial circumstances than by market conditions.