Using the National Compensation Survey between 2004-2017, we document three stylized facts and quantify cyclical heterogeneity among performance pay and fixed wage jobs. First, there is substantial dispersion in the incidence of performance pay, even within the same occupation; hourly...

Using new high-frequency data that covers a representative sample of small business owners, we investigate the effects of the COVID-19 pandemic and the resulting state policies on the retail, hospitality, food, and accommodation sectors. First, we find that business closure policies are...

We provide an updated assessment of the labor market experiences of veterans between 2005 and 2018, documenting three facts. First, we find that male and female veterans receive civilian earnings nearly equivalent to nonveterans, suggesting military experience is valued similarly to foregone...

This paper studies the role of arts entrepreneurship training among artists. First, we present results from a new hand-collected dataset on the incidence of arts entrepreneurship across leading colleges and conservatories. We find that such entrepreneurship training is exceedingly rare and...