This paper investigates the causal effect of job training on wage rates in the presence of firm heterogeneity. When training affects worker sorting to firms, sample selection is no longer binary but is "multilayered". This paper extends the canonical Heckman (1979) sample selection model - which...

We quantify racial differences in the total rate of return on housing in a nationally representative sample of homeowners from 1974-2021. We develop a new method to estimate the rental value of each owner-occupied house, using a house's resale value to proxy for unobservable quality. Black and...

National surveys are crucial for estimating key economic aggregates, including the unemployment rate, labor force participation, and household expenditures. The accuracy of these indicators is increasingly under scrutiny due to declining response rates and the consequent risk of nonresponse...

An examination off the factors that affect the measures and approaches to address health care issues in the United States, primarily that of rising costs leading to the subsequent financial impact on providers and recipients, impacts on access to and quality of services, and health disparities...