Macro Recruiting Intensity from Micro Data

By Simon Mongey and Giovanni L. Violante

American Economic Journal: Macroeconomics

We merge QCEW and JOLTS microdata to study recruiting intensity of firms in the cross section and over time. We show that vast establishment-level heterogeneity in vacancy filling rates is entirely explained by differences in gross hiring rates. We provid...

Under the cover of disaster

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In the immediate aftermath of natural disasters, members of Congress become more likely to adopt the positions of special interest donors.

Racial Disparities in Housing Returns

By Amir Kermani and Francis Wong

American Economic Review

We show that higher rates of distressed home sales (i.e., foreclosures and short sales) among Black and Hispanic homeowners severely reduce realized housing returns for these groups—in particular, to a level below that realized by White homeowners. Y...

The Opportunity Atlas: Mapping the Childhood Roots of Social Mobility

By Raj Chetty, John N. Friedman, Nathaniel Hendren, Maggie R. Jones, and Sonya R. Porter

American Economic Review

We construct a public atlas of mean outcomes in adulthood by childhood Census tract. Outcomes vary sharply across neighborhoods: for children whose parents earn $27,000, the standard deviation of mean household income in adulthood is $10,420 across trac...

Tying with Network Effects

By Jay Pil Choi, Doh-Shin Jeon, and Michael D. Whinston

American Economic Review

We develop a leverage theory of tying in markets with network effects. When a monopolist in one market cannot perfectly extract surplus from consumers, tying can be a mechanism through which unexploited consumer surplus is used as a demand-side leverag...

Reexamining the Contribution of Public Health Efforts to the Decline in Urban Mortality

By D. Mark Anderson, Kerwin Kofi Charles, and Daniel I. Rees

American Economic Journal: Applied Economics, April 2022

Using data on 25 major American cities for the period 1900⁠–⁠1940, we explore the effects of municipal-level public health efforts that were viewed as critical in the fight against foodborne and waterborne diseases. In addition to studying intervent...

Reexamining the Contribution of Public Health Efforts to the Decline in Urban Mortality: Comment

By David M. Cutler and Grant Miller

American Economic Journal: Applied Economics, April 2022

We address points raised by Anderson, Charles, and Rees (2022), which comments on our prior work. After correcting unambiguous data mistakes, our revised estimates suggest that municipal water disinfection (filtration) explains 38 percent of the total mor...

Reexamining the Contribution of Public Health Efforts to the Decline in Urban Mortality: Reply

By D. Mark Anderson, Kerwin Kofi Charles, and Daniel I. Rees

American Economic Journal: Applied Economics, April 2022

This rejoinder is written in response to the comment by Cutler and Miller (hereafter CM) on our paper, "Reexamining the Contribution of Public Health Efforts to the Decline in Urban Mortality" (Anderson, Charles, and Rees 2022). In their comment, CM ackno...

Don't miss the AEA sessions on how research can inform policy at ASSA 2026!

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September 04, 2025

Undergrad Research Opportunities

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What Drives the Recent Surge in Inflation? The Historical Decomposition Roller Coaster

By Drago Bergholt, Fabio Canova, Francesco Furlanetto, Nicolò Maffei-Faccioli, and Pål Ulvedal

American Economic Journal: Macroeconomics

What drives the recent inflation surge? To answer this question, one must decompose inflation fluctuations into the contribution of structural shocks. We document how whimsical an historical shock decomposition can be in standard vector autoregressive ...

Adjustable Product Attributes, Indirect Network Effects, And Subsidy Design: The Case of Electric Vehicles

By Kevin Remmy

American Economic Journal: Economic Policy

This paper develops a structural model of endogenous product attribute choice in the presence of indirect network effects to study electric vehicle (EV) subsidies. Using data on the German EV market, I find that a support scheme almost doubled EV sales...

Guaranteed Employment in Rural India: Intra-Household Labor and Resource Allocation Consequences

By Jorge Luis García

American Economic Journal: Economic Policy

I investigate the intra-household labor and resource allocation consequences of an employment guarantee targeting rural households in India. The guarantee insures household earnings, replacing women as added workers and shutting down a motive for savin...

The Welfare Effects of Eligibility Expansions: Theory and Evidence from SNAP

By Jenna Anders and Charlie Rafkin

American Economic Journal: Economic Policy

We study how eligibility expansions in the U.S. Supplemental Nutrition Assistance Program affect take-up among previously eligible households and social welfare. Using an event study with administrative take-up data, we document a “woodwork effect”:...

Inclusive Teaching: Spotting Social Isolation in the Classroom

By Sule Alan, Michela Carlana, and Marinella Leone

American Economic Journal: Economic Policy

We evaluate an intervention aimed at addressing social isolation in classrooms. The treatment provides teachers with their students’ social networks and information on developmental risks associated with social exclusion. Using friendship data and in...

Cooking, Health, and Daily Exposure to Pollution Spikes

By Susanna B. Berkouwer and Joshua T. Dean

American Economic Journal: Economic Policy

Many routine daily activities—such as cooking and commuting—cause large recurring pollution spikes that may impact health without significantly affecting average exposure. We study pollution spikes by combining experimental variation in cooking tec...

A Guide to the Job Market for New Economics PhDs

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Watch A Guide to the Job Market for New Economics PhDs (2025)

The Theory of Financial Stability Meets Reality: A Unifying Framework for Bank Regulation and Accounting Discretion

By Nina Boyarchenko, Kinda Hachem, and Anya Kleymenova

Journal of Economic Literature

A large literature at the intersection of economics and finance offers prescriptions for regulating banks to increase financial stability. This literature abstracts from the discretion that accounting standards give banks over financial reporting, creatin...

Which Reference Groups Matter and How? A Relative Income Information Experiment with Administrative Data

By Xiaogeng Xu, Satu Metsälampi, Michael Kirchler, Kaisa Kotakorpi, Peter Hans Matthews, and Topi Miettinen

American Economic Journal: Applied Economics