In many market-design applications, a new mechanism is introduced to reform an existing institution. Compared to the design of a mechanism in isolation, the presence of a status-quo system introduces both challenges and opportunities for the designer. We study this problem in the context of...

This paper studies long-run differences in intergenerational occupational mobility between Black and White Americans. Combining data from linked historical censuses and contemporary large-scale surveys, we provide a comprehensive set of mobility measures based on Markov chains that trace the...

The estimation of racial disparities in various fields is often hampered by the lack of individual-level racial information. In many cases, the law prohibits the collection of such information to prevent direct racial discrimination. As a result, analysts have frequently adopted Bayesian...

Research on centralized school assignment mechanisms often focuses on whether parents who participate in specific mechanisms are likely to truthfully report their preferences or engage in various costly strategic behaviors. However, a growing literature suggests that parents may not know enough...

We document novel survey-based facts on preferred long-run inflation rates among U.S. consumers. Consumers on average prefer a 0.20% annual inflation rate, considerably below the Federal Reserve's 2% target. Inflation preferences not only correlate with demographic and socioeconomic...

We create a dataset of 14,000 hand-coded help-wanted advertisements placed by employment agencies in three U.S. newspapers in 1950 and 1960, a time when help-wanted advertisements were divided into male and female sections, and collect information on agency ownership. We find that female-owned...

We examine the long transition from water to steam power in US manufacturing, focusing on early users of mechanical power: lumber and flour mills. Digitizing Census of Manufactures manuscripts for 1850 to 1880, we show that as steam costs declined, manufacturing activity grew faster in counties...

We examine the state of the U.S. K-12 teaching profession over the last half century by compiling nationally representative time-series data on four interrelated constructs: occupational prestige, interest among students, the number of individuals preparing for entry, and on-the-job...

Mastery learning - the process by which students must demonstrate proficiency with a single topic before moving on - is well recognized as one of the most effective ways to learn, yet many teachers struggle or remain unsure about how to implement it into a classroom setting. This study evaluates...