We examine the labor market for mutual fund managers. Using data from 1992-1994, we find that quot;terminationquot; is more performance-sensitive for younger managers. We identify possible implicit incentives created by the termination-performance relationship. The shape of the...

This paper examines the dynamics of the gender gap in high math achievement over the high school years using data from the American Mathematics Competition. A clear gender gap is already present by 9th grade and the gender gap widens over the high school years. High-achieving students must...

This paper provides a critical review of models of the spread of the coronavirus (SARS-CoV-2) that have been influential in recent policy discussions. It notes potentially important features of the real- world environment that the standard models do not incorporate and discusses reasons why...