University Lecturer (Assistant Professor)
University of Cambridge
Faculty of Economics
Sidgwick Avenue, Cambridge
Email: kai.liu@econ.cam.ac.uk
Ph.D. Johns Hopkins, 2011
CV (pdf). Updated: April 2016

Research Interest: Labor Economics, Public Economics, Applied Microeconometrics, Economics of China

Working Papers:

10. Education, Earnings Dynamics and Life-cycle Inequality (with Magne Mogstad and Kjell Salvanes). PDF. New draft coming soon.

9. The Supply of Skills and Endogenous Technical Change: Evidence From a College Expansion Reform (with Pedro Carneiro and Kjell Salvanes).  PDF. New draft coming soon.

Papers Under Revision:

8. Wage Risk and the Value of Job Mobility in Early Employment Careers. PDF. July 2013.  Revised April 2016. Revise and resubmit, Journal of Labor Economics.


7. Life-Cycle and Intergenerational Effects of Child Care Reforms (with Marc Chan)PDF. June 2017. Accepted, Quantitative Economics.

6. Insuring against Health Shocks: Health Insurance and Household Choices. PDFJournal of Health Economics, 46 (2016): 16-32.

5. Political Uncertainty and Household Savings (with Rolf Aaberge and Yu Zhu). PDFJournal of Comparative Economics, 45 (2017): 154-170 
Non-technical Summary: IZA Newsroom

4. Good Skills in Bad Times: Cyclical Skill Mismatch and the Long-term Effects of Graduating in a Recession (with Kjell Salvanes and Erik Sorensen). PDFEuropean Economic Review, 84 (2016): 3-17. (lead article)

3. Explaining the Gender Wage Gap: Estimates from a Dynamic Model of Job Changes and Hours Changes. PDFQuantitative Economics, 7 (2016): 411–447.

2. Bad times at a tender age - how education dampens the impact of graduating in a recession (with Erik Sorensen and Kjell Salvanes). PDF. Nordic Economic Policy Review (2014): 51-73.

1. Income Uncertainty and Household Savings in China (with Marcos Chamon and Eswar Prasad).  PDF.  Journal of Development Economics, 105 (2013): 164-177.
Older version: NBER Working Paper
Media Coverage: Vox, TIME