Working Papers

Labor market power allows firms to discriminate in hiring and wages. Discrimination is likely based on erroneous beliefs rather than preferences.

Outflows of physicians from Sweden to Norway increased elderly mortality in Sweden.

Labor market competition leads to higher real worker earnings, lower firm productivity, firm closer, greater inequality, population loss, and reductions in tax revenue.

Union membership raises the wages of younger workers but protects older workers from layoffs better. The marginal union member makes use of public transfer systems at far lower rates, saving the government money.

Firms respond to unions by raising prices, reallocating inputs from smaller to larger firms, and shifting product market power.

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.

Union membership disproportionately benefits natives, which increases gaps between immigrants and natives.

Workers exhibit reference-dependent labor supply around expectations. Their expectations are set by the firm via a bonus scheme.

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.