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A Model of Worker Deaths and Firm Adjustment

Here, I (as a component of a paper by Simon J¨ager and J¨org Heining) develop and calibrate a dynamic model of wage-setting based on the model in Kline et al. (2019). Using the model, I estimate firms’ costs of replacing a worker from empirical …

Dynamic Games and HTCondor

Identifying Average Firm and Worker Effects in Matched Employer-Employee Data

I show that, even with the assumptions required for them to have a causal interpretation, high dimensional fixed effects estimators, do not recover the average effects of firms or workers on wages if there is heterogeneity or dynamic effects of …

Dynamic Games and HTCondor

Race and Declining Labor Force Participation

I investigate the causes of declining labor force participation in the U.S. I find that the changing age structure of the population fully explains the decline in white labor force participation. African-Americans, who were more likely to participate …