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        "event_title":"Earnings Volatility",
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        "combined_title":"Earnings Volatility: Christina Patterson, University of Chicago Booth School of Business",
        "event_subtitle":"Christina Patterson, University of Chicago Booth School of Business",
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        "description":"We analyze monthly earnings volatility using administrative payroll data. While it is well-documented that wages are largely stable, we find that this wage stability does not translate into earnings stability for most U.S. workers. Even within stable employment relationships, and even when wages are constant, many workers nevertheless face substantial monthly earnings volatility. The standard deviation of monthly earnings changes is 28%, while the standard deviation of base wage changes is only 2%. There is substantial heterogeneity in this volatility, with much higher volatility for hourly workers than for salaried workers. This degree of volatility is far higher than what is implied by benchmark models of earnings processes which are calibrated to previously-available annual data and used as inputs for leading macro models. To understand the welfare consequences of pay volatility, we estimate the amenity value of volatility using worker quits in a model of a frictional labor market. We find that workers have a high willingness to pay to reduce earnings volatility. Overall, this analysis shows that high-frequency labor market shocks are an important source of risk and fragility which has been masked by past studies of annual earnings.",
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        "website":"http:\/\/www.lsa.umich.edu\/econ",
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        "combined_title":"How to Tell if You're Disabled: A Hollywood Checklist: Reception, Film Screening, and Speaker Talk with disabled Hollywood actor Christophe Zajac-Denek",
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        "description":"North Quad Programming invites you to meet disabled Hollywood actor, touring drummer, and surfer Christophe Zajac-Denek for an intimate talk about his remarkable life journey with dwarfism and disability advocacy work. The event will include a lunch reception, meet and greet, photo exhibit, presenter talk, Q&A, and the film screening of Standing on Water, a documentary by Tommy Corey that explores the physical, mental, and societal hurdles that Zajac-Denek faces as a little person in an average-height world.\r\n\r\nZajac-Denek is the producer and host of the podcast I'm Kind Of A Big Deal: Little People, Huge Stories, where he raises awareness about the exceptional lives of people with disabilities, especially those with dwarfism. Zajac-Denek has appeared in various Hollywood films and TV shows, including The Return Season of Twin Peaks directed by David Lynch, 10 episodes of Jimmy Kimmel Live, Sasquatch Sunset alongside Jesse Eisenberg and Riley Keough, to name a few. He has been a guest on over 50 podcasts, including those for R.E.I. and Culture Shift on NPR. \r\n\r\nZajac-Denek feels the most rewarded when he gets to speak to groups of people. Among many topics of diversity and inclusion, he has presented about the importance of hiring people with disabilities at Autodesk, FleishmanHillard, PodFest, and Podcast movement, among others.\r\n\r\nRSVP to join us for this unique opportunity to help us welcome Zajac-Denek all the way from Los Angeles. See attached posters for more information. \r\nOpen to the public. Lunch will be provided. (RSVP here: https:\/\/forms.gle\/Akz6AcJwBsbnUjUR7)\r\n\r\nThis event is scheduled for Tuesday October 8th from 11:30 AM to 1:30 PM in Space 2435 in North Quad, 105 S. State St. The agenda is as follows:\r\n\r\n11:30 to noon: lunch reception, meet and greet\r\nNoon to 1 PM: film screening, speaker talk\r\n1 PM to 1:30 PM: Q&A",
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