Older, industrial cities have suffered with the shift from manufacturing to services, but the increased importance of innovation as an economic driver may help industrial cities, which are often rich in the institutions that generate innovation. This paper studies how innovation is related to...

Psychologists have found that the age at which successful practitioners typically do their best work varies across professions, but they have not considered whether these peak ages change over time, as economic models suggest they might. Using auction records, we estimate the relationship...

Observers have argued about whether highly-educated women are opting out of their careers and for families. If so, it is natural to expect fertility to increase and, insofar as children are associated with lower employment, further declines in employment. This paper provides a comprehensive...

People use information about their ability to choose tasks. If more challenging tasks provide more accurate information about ability, people who care about and who are risk averse over their perception of their own ability will choose tasks that are not sufficiently challenging. Overestimation...

We make several contributions to understanding the socio-demographic ramifications of the COVID-19 epidemic and policy responses on employment outcomes of subgroups in the U.S., benchmarked against two previous recessions. First, monthly Current Population Survey (CPS) data show greater declines...