This paper investigates how exposure to higher-achieving male and female peers in university affects students’ major … choices and labor market outcomes. For identification of causal effects, we exploit the random assignment of students to …

achievement. We exploit random assignment of students to university sections and find that students perform better in the presence … of more persistent peers and more risk-averse peers. In particular, low-persistence students benefit from highly …-persistent peers without devoting additional efforts to studying. However, highly-persistent students are not affected by the …

achievement. We exploit random assignment of students to university sections and find that students perform better in the presence … of more persistent peers and more risk-averse peers. In particular, low-persistence students benefit from highly …-persistent peers without devoting additional efforts to studying. However, highly-persistent students are not affected by the …

This paper investigates how the peer gender composition in university affects students' major choices and labor market …

This paper develops a framework to study empirically the relationship between trade policy and individual income risk … workers are used to estimate time-varying individual income risk parameters in various manufacturing sectors. Second, the … estimated income risk parameters and data on trade barriers are used to analyze the relationship between trade policy and income …

This paper presents a framework for the quantitative analysis of individual income dynamics, mobility and welfare, with … ex-ante identical individuals facing a stochastic income process and market incompleteness implying that they are unable … to insure against persistent shocks to income. We show how the parameters of the income process can be estimated using …

This paper studies empirically the relationship between trade policy and individual income risk faced by workers, and … three steps. First, longitudinal data on workers are used to estimate time-varying individual income risk parameters in … various manufacturing sectors. Second, the estimated income risk parameters and data on trade barriers are used to analyze the …