Research

Publications

• The $800 Billion Paycheck Protection Program: Where Did the Money Go and Why Did it Go There? (with David Autor, David Cho, Leland Crane, Mita Goldar, Byron Lutz, Joshua Montes, William Peterman, Daniel Villar, and Ahu Yildirmaz). Journal of Economic Perspectives.

  • • • Media coverage: NY Times, Economist.

• An Evaluation of the Paycheck Protection Program Using Administrative Payroll Microdata (with David Autor, David Cho, Leland Crane, Mita Goldar, Byron Lutz, Joshua Montes, William Peterman, Daniel Villar, and Ahu Yildirmaz). Journal of Public Economics.

  • • • Media Coverage: NY Times, Washington Post, Slate Moneybox.

• The Aggregate Effects of Labor Market Frictions (with Michael W.L. Elsby and Ryan Michaels). Online appendix. Quantitative Economics, July 2019.

• The Beveridge Curve: A Survey (with Michael W.L. Elsby and Ryan Michaels), Journal of Economic Literature, September 2015.

  • Data and simulation files

• Labor Market Outcomes and the Transition to Adulthood (with Sheldon Danziger), The Future of Children, Vol 20/1: 133-158, Spring 2010.

Working Papers

• Vacancy Chains (with Michael W.L. Elsby, Axel Gottfries and Ryan Michaels). Working Paper, October 2021. Revisions requested, Journal of Political Economy.

• The Phillips Curve and Labor Bargaining Power (with Jae Sim). FEDS Paper, 2022-028, May 2022.

• When Business Is Personal: How the Paycheck Protection Program Affected Credit Market Outcomes for the Self-Employed (with Lisa Dettling, Will Peterman, Kendra Robbins, and Tess Scharlemann). Draft coming soon.

• Reconciling Unemployment Claims with Job Losses in the First Months of the COVID-19 Crisis (with Tomaz Cajner, Andrew Figura, Brendan M. Price, and Alison Weingarden). FEDS Paper, 2020-055, July 2020.

• The Wages of Nonemployment (with Michael W.L. Elsby, Ryan Michaels, and Matthew D. Shapiro). Draft coming soon.

• Racial Gaps in Labor Market Outcomes in the Last Four Decades and over the Business Cycle (with Tomaz Cajner, Tyler Radler, and Ivan Vidangos), FEDS Paper, 2017-071, June 2017.

• Unemployment Insurance Experience Rating and Labor Market Dynamics, Working paper, October 2014.

Policy Notes and Papers

• Rethinking Unemployment Insurance Taxes and Benefits (with Ryan Nunn). Tax Policy Center, October 2019.

• How Large were the Effects of Emergency and Extended Benefits on Unemployment during the Great Recession and its Aftermath? (with Andrew Figura), FEDS Paper, 2017-068, April 2017.

• A Cautionary Note on Help Wanted Online Data (with Tomaz Cajner), FEDS Notes, 2016-06-23.

• The Labor Share and Equilibrium Unemployment (with Andrew Figura), FEDS Notes, 2015-06-08.

• The Recent Decline in Long-Term Unemployment (with Tomaz Cajner), FEDS Notes, 2014-07-21.

• Assessing the Change in Labor Market Conditions (with Hess Chung, Bruce Fallick, and Chris Nekarda), FEDS Notes, 2014-05-22.

• Assessing the Change in Labor Market Conditions (with Hess Chung, Bruce Fallick, and Chris Nekarda), FEDS Paper, 2014-109.

• Why is Involuntary Part-Time Work Elevated? (with Tomaz Cajner, Dennis Mawhirter, and Chris Nekarda), FEDS Notes, 2014-04-14.