I am the Director of the Research Seminar in Quantitative Economics at the University of Michigan. My research focuses on macroeconomics, urban and regional economics, and mortgage finance. Links to my papers are below.
Economic Effects of Medicaid Expansion in Michigan, with John Ayanian, Donald Grimes, and Helen Levy, New England Journal of Medicine, forthcoming.
Medicaid expansion in Michigan is estimated to create more than 30,000 jobs per year and to produce a net positive effect on the state budget each year from fiscal 2016 to 2021.
Are Entry Wages Really (Nominally) Flexible?, with Matthew Hall and Joshua Montes.
No, entry wages simply appear flexible because of composition bias.
Wage Rigidity and Employment Outcomes: Evidence from Administrative Data (appendix), with Joshua Montes.
Urban and Regional Economics:
Metropolitan Land Values and Housing Productivity, with David Albouy (revisions requested, Review of Economics and Statistics).
The Distribution of Urban Land Values: Evidence from Market Transactions, with David Albouy.
Land values measured from market transactions are consistent with several predictions of the standard monocentric city model. The estimates suggest land receives approximately seven percent of national income and the cost elasticity with respect to urban population is about fourteen percent.Housing Demand, Cost-of-Living Inequality, and the Affordability Crisis, with David Albouy and Yingyi Liu.
Do Large-Scale Refinancing Programs Reduce Mortgage Defaults? Evidence From a Regression Discontinuity Design, with Jeffrey Perry (revisions requested, American Economic Journal: Economic Policy).
A regression discontinuity design indicates that reducing mortgage payment size by 1 percent lowers conditional default rates by 2.75 percent.
Modeling the Budgetary Effects of FHA's Single Family Mortgage Insurance (short version here), with Francesca Castelli, Damien Moore, and Jeffrey Perry (revisions requested, Cityscape).