This paper studies the role of education in women's changing role in the labor and marriage markets since the 1960's.

Online appendix for the Review of Economic Dynamics article

Since the 1980's, wage inequality has increased substantially in the U.S. and U.K while changing little in most of continential European countries (CEU). This paper studies the effects of differences in labor income tax policies between US-UK and CEU for these trends. We begin by documenting...

This paper studies how recessions affect individual income risk. We employ a unique and confidential administrative data set with tens of millions of observations on individual earnings histories from the Social Security Administration records. We use a dataset that is a 10% random sample of the...

This paper investigates the role of education in the evolution of women's role in the society---specifically, in the labor market and in the marriage market. In particular, it attempts to understand a set of socio-economic trends since the 1950s, such as (i) the falling marriage rate and the...

Extended Abstract Attached

The model described here provides a central role for policies and institutions that compress the wage structure. For example, unions and progressive income taxes reduce (after-tax) wages at the higher end of the wage distribution while artificially boosting them at the lower end. As a result,...

Search theory routinely assumes that decisions about acceptance/rejection of job offers (hence, about labor market movements between jobs or across employment states) are made by individuals acting in isolation. In reality, the vast majority of workers are somewhat tied to their partners into...

We study how individuals match their skills with an occupation's demands as they choose a career. With data on individuals' test scores for multiple types of skills and work histories, we have a rich description of this process. We quantify the quality of one's occupational match and how it...

This paper studies the quantitative implications of wealth taxation (as opposed to capital income taxation) in an incomplete markets model with return rate heterogeneity across individuals. The key source of heterogeneity comes from the fact that some individuals have better entrepreneurial...