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Validating RefUSA micro-data with the Longitudinal Employer-Household Dynamics Data


This paper validates the reliability of employment data in a frequently used establishment panel database assembled by InfoGroup by comparing it with…

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Measuring the economic effects of data breaches on firm outcomes: Challenges and opportunities


We introduce a new dataset that links publicly reported data breaches and financial outcomes at the firm-level. First, we document three new facts…

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Structural transformation and the rise of information technology


Has the emergence of information technology changed the structure of employment and earnings in the US? We propose a new index of occupation-level IT…

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Do Managers Matter? A Natural Experiment from 42 R&D Labs in India


We exploit plausibly exogenous variation in the staggered entry of new managers into India’s 42 public R&D labs between 1994 and 2006 to study how…

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Do Right-to-Work Laws Work? Evidence on Individuals’ Well-Being and Economic Sentiment


This paper investigates the effects of state right-to-work (RTW) laws on individuals’ well-being and economic sentiment. Using licensed microdata…

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The Declining Insurance Benefit in the Municipal Bond Market


Using California and New York municipal bond data between 1996 and 2014, this paper documents a decline in the benefit of municipal bond insurance,…

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Is Recycling Effective? Evidence from California between 2004 and 2017


Recycling has been touted as a cost-effective mechanism for improving environmental quality and raising employment. Using county-level data from…

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Stuck in the Seventies: Gas Prices and Consumer Sentiment


Using daily consumer survey data, we analyze the transmission of gas prices to consumer beliefs and expectations about the economy. We exploit the…

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