(* : presentation by coauthor)
(* : presentation by coauthor)
We use geolocation & debit card transaction data to document that political beliefs present a significant limitation to the effectiveness of state-level social distancing orders during covid-19.
Preprint: CEPR Covid Economics, 4, 103-127, April 2020
Media Coverage: VoxEU | The New York Times | The Washington Post | FiveThirtyEight | Marginal Revolution | The Boston Globe | National Affairs Blog | Reform Austin | SafeGraph Blog
We study minority representation in the financial advisor labor market and explore the correlation between advisor-client racial matching and 1.) stock market participation; 2.) advisor career outcome.
More than 80% of corporate SEC filings are handled by third-party filing agents. Using agents leads to significant pre-filing leakage of private information.
If you are interested in this topic, you might also be interested in this piece by Matt Levine and this SEC Press Release
Presentations: Gatton Research Excellence Series (2023), ISFE (2021), FRA (2019*, early idea), University of Kentucky
Recording featured on Gatton College Instagram
An exogenous increase in local government spending results in significant improvement in low-income White, but not low-income Black or Hispanic, labor market outcomes. These effects on parents translate into children's academic performance. Consequently, the achievement racial gap widens following the increase in local government spending.
If you are interested in this topic, please also take a look at The Bonds of Inequality (book by Destin Jenkins) and Public Finance and Racism (2020 NTA Presidential Address by William G. Gale)
Presentations: MFA (2023), AEA (2022, Poster), ICEA-Resilient Society (2022), FMA (2021, Doctoral Consortium), University of Kentucky, Saint Louis University, Southern Illinois University (virtual), Clemson University, Washington State University, University of Arkansas, University of North Dakota, University of Wisconsin - Milwaukee, Loyola Marymount University, University of Alabama
Using census microdata, we find that free high-speed internet improves labor market outcomes (employment and income) for low-income households, but has no impact on their stock market participation.
Presentations: AEA (2025, Poster), CFP Board Connections Conference (2024*), Bretton Woods Ski Conference (2024), Finance for the Common Good (2024), University of Alabama (brown bag)
New working paper! Draft available upon request
State-level hospital postpartum care policies positively impact infant health but also introduce obstacles for new moms in the workplace. Because these policies do not require actions from firms, it is a good setting to test whether firms voluntarily respond by making life easier for working moms. We find that some firms in states that mandate this policy in hospitals respond by becoming more parenting-friendly.
Presentations: AsianFA (2025), EasternFA (2025*), FIU ASFAAG Conference (2024*), Finance for the Common Good (2024), SFA (2024), FMA (2024)
New working paper! Draft available upon request
Resting Inactive Papers
We analyzed the cross-section of Seeking Alpha contributors' skills using Gaussian mixture models.
Presentations: AFA (2021*, virtual), Marquette University*, University of Wisconsin - Milwaukee*
If you are interested in this topic, please also check out Chukwuma's paper in the JFQA
Bundling repurchase announcements with earnings news significantly increase the announcer's likelihood of becoming a takeover target.
Presentations: EasternFA (2022), Paris December (2021), Hawaii Accounting Research Conference (2021), AAA (2021), FMA (2020), SFA (2020), University of Kentucky
Member of the Management Science Reproducibility Collaboration
Tasked by Management Science to work on a project that assesses the reproducibility of published papers in the journal.
Obtained preliminary results