Immigration, Identity Choices, and Cultural Diversity
Riccardo Turati, Autonomous University of Barcelona
Does immigration challenge the identities and cultural diversity of receiving societies? This paper investigates this question by analyzing...
Investment, Productivity, and Selection in the U.S. Shale Boom
Ryan Kellogg, University of Chicago
Why was the U.S. shale oil and gas revolution so revolutionary? As the U.S. Energy Information Administration quipped in 2024, ``the U.S....
The Impact of Privatization: Evidence from the Hospital Sector
Emilie Jackson, Michigan State University
Government ownership in the U.S. hospital sector, which accounts for 5.3% of U.S. GDP, has steadily declined for decades. A key driver has...
Time-Varying Risk Premia and Heterogeneous Labor Market Dynamics
Dimitris Papanikolaou, Northwestern University
Using U.S. administrative data on worker earnings, we show that increases in risk premia lead to lower labor earnings, particularly for...
Incentive Design with Spillovers
Ben Golub, Northwestern University
A principal uses payments conditioned on stochastic outcomes of a team project to elicit costly effort from the team members. We develop a...
Never-Realized Capital Gains
Lucy Msall, National Bureau of Economic Research/University of Chicago
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Broke, But Not Out Of Luck: Bankruptcy Regulation and Economic Activity
Sun Kyoung Lee, University of Michigan
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Gendered Spheres of Learning and Household Decision-Making over Fertility
Alessandra Voena, Stanford University
While men and women make joint decisions about fertility, women give birth and are more likely to learn about a significant cost of...
Genuinely Robust Inference for Clustered Data
Harold Chiang, University of Wisconsin-Madison
Conventional methods for cluster-robust inference are inconsistent when clusters of unignorably large size are present. We formalize this...
Economic History Seminar: Tuesday, November 11
Mel Stephens and Soyoung Han, University of Michigan
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Combining Complements: Theory and Evidence from Cancer Treatment Innovation
Rebekah Dix, Yale University
Innovations often combine several components to achieve outcomes greater than the “sum of the parts.” We argue that such combination...
Professors Miranda Brown, August E. (Gus) Evrard and Linda Tesar, Collegiate Professorship Inaugural Lecture
LSA Collegiate Lecture Series
This event will take place both in person and virtually....
Oil, Inflation Expectations, and Household Characteristics: A Nonlinear Heterogeneous Agent VAR Approach
Christiane Baumeister, University of Notre Dame
In this paper, we develop a scalable micro-macro modeling framework that integrates linear multivariate time series models with nonlinear...
Labor Reallocation and Recessions: Re-Evaluating Unemployment in Interwar Britain
Meredith Paker, Grinnell College
How does labor reallocation across industries impact recessions? This paper takes up this question for interwar Britain, where the Great...
Family Formation and Migration: The Legacy of the Opioid Epidemic
Carolina Arteaga, NBER/University of Toronto
In this paper, we examine how the opioid epidemic affected family formation and migration decisions in the United States. Leveraging...
Joint Michael Beauregard Seminar in Macroeconomics and Econometrics Seminar: Tuesday, December 2
Juan Rubio-Ramírez, Emory University
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Separation of Powers or Division of Labor: Efficiency and Fairness in the Resolution of Patent Interference Disputes, 1836-1940.
Naomi Lamoreaux, University of Michigan and Yale University
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