Research methods

The optimal design of incentive contracts critically depends on whether the tasks performed by agents are complementary or substitutable.

This paper provides estimation methods of such prediction sets given observed conditioning covariates when 𝑌 is censored or measured in intervals. 

We introduce a novel framework for individual-level welfare analysis.

Building on Bierens (1990), we propose penalized maximum statistics and combine bootstrap inference with model selection.

This paper develops a novel method for policy choice in a dynamic setting where the available data is a multi-variate time series.

We consider estimation and inference for a regression coefficient in panels with interactive fixed effects (i.e., with a factor structure).

The persuasion rate is a key parameter for measuring the causal effect of a directional message on influencing the recipient’s behavior.

Multivalued treatment is commonplace in applications. We explore the use of discrete-valued instruments to control for selection bias in this setting.

We study spillover effects within criminal networks by leveraging the deaths of co-offenders as a source of causal identification.

Measuring how assortative matching differs between two economies is difficult, we show how the use of different measures can create different outcomes

We develop a novel approach that leverages the information contained in expectations datasets to derive measures of beliefs regarding economic shocks.

We study the impact of Chinese import competition in the 2000s on workers and their households in England and Wales.

We find that an increased likelihood of Medicaid eligibility reduces marriage rates, particularly among people with higher education levels.

We specify and calibrate a life-cycle model of labor supply and savings incorporating health shocks and medical treatment decisions.

The Frisch labor supply elasticity plays a key role in many economic policy debates, but its magnitude remains controversial.

We present a dynamic life-cycle model of demand for housing, including owner occupied housing, investment property and liquid assets.

Life expectancy gaps between gender and income groups are large and generate notable implicit redistribution in lifetime earnings via pension systems.

Our identification and application show that the analysis of social interactions can be extended to economic realms where no network data exists.