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This paper provides novel evidence on the labor supply response to negative income shocks in retirement, exploiting an institutional feature that caused differential and unexpected income losses among otherwise identical individuals in a sharp regression discontinuity design. We conclude that...
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Does leave-taking matter for young workers' careers? If so, why? We propose the competition effect - relative leave status of workers affecting their relative standing inside the firm - as a new explanation. Exploiting a policy reform that exogenously assigned four-week paid paternity leave to...
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In standard promotion tournaments, contestants are ranked based on their output or productivity. We argue that workers' career progression may also depend on their relative rankings in dimensions a priori unrelated to their job performance, such as visibility or in-person presence. Such implicit...
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Peer interactions play a key role in the criminal sector due to its secrecy and lack of formal institutions. A significant part of criminal peer exposure happens in prison, directly influenced by policymakers. This paper provides a broader understanding of how peer effects shape criminal...
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