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The National-Level Economic Impact of the Manufacturing Extension Partnership (MEP): Estimates for Fiscal Year 2020
Get PDFCareer Paths with a Two-Body Problem: Occupational Specialization and Geographic Mobility
Get PDFWe develop a model of joint job search and occupational choice in which job opportunities can be incompatible inside the couple. Typically, incompatibilities may arise because jobs are not in the same location. We show that the existence of incompatible jobs pushes some couples to sacrifice the career of one partner. The model predicts occupational switches throughout the career and at the time of couple formation. Gendered equilibria, whereby all women (or men) choose the accommodating occupation, may arise. Any element of ex-ante unfavorable gender gaps—for instance, due to discrimination or norms—is amplified and can generate large systemic differences in gender composition between occupations
Urban/Rural Divide: A Call for Action
No full textIf the post COVID-19 recovery is to be truly inclusive, then it is critical to understand the geographical distribution of growth, an issue which still receives less attention than other dimensions of inequality. Economists, international financial institutions, governments, and think tanks all need to devote more resources to identifying policies that lift the fortunes of “forgotten” places. Our panelists will discuss policy options to address this critical global issue
Place-Based Jobs Policies: We Need to Boost Employment Rates in Distressed Places, But: One Size Does NOT Fit All
Get PDFLabor Market Consequences of Antitax Avoidance Policies
Get PDFIn this paper, I analyze the local labor market consequences of multinational firms reallocating employees across their affiliates in response to antitax avoidance policies. I leverage the introduction of a worldwide debt cap in 2010 in the United Kingdom as a quasi-natural experiment that limited one of the forms of profit shifting—debt shifting—for a group of multinational corporations (MNCs). Multinationals affected by the reform reallocated their employees from the United Kingdom to foreign locations. This affected London-based service sector firms the most. I show that this led to a reduction in the number of jobs available in regions exposed to the reform in the United Kingdom. In foreign countries, the initial reallocation of labor across firms resulted in a much larger expansion of the affected local labor markets. These results suggest that a reallocation of labor across firms generates asymmetries in how negative and positive firm-level shocks are amplified through regional markets
On the Meritocratic Allocation of Higher Education
Get PDFAccess to higher education is a key determinant of lifetime earnings in the United States. Since the 1960s, selective public universities have admitted students mostly on the basis of standardized test scores and other measures of academic preparation, on the theory that highly prepared students can best take advantage of universities’ rigorous curricula. I employ quasi-experimental and structural research designs to investigate the efficiency and economic mobility ramifications of these “meritocratic” admissions policies. This dissertation presents a collage of evidence from three educational allocation policies suggesting that the reallocation of selective higher education to disadvantaged students with relatively poorer measured academic preparation can promote both economic mobility and allocative efficiency, with those students’ net education and wage gains exceeding their crowded-out peers’ net losses. These efficiency findings undermine the primary justification for the 1960s implementation of meritocratic admissions policies at public institutions