Research

Publications

• Forum Shopping and Legal Labor Markets: Evidence from the Court Competition Era (2022), with Jeronimo Carballo and Alessandro Peri, Journal of Law and Economics (Accepted)

We study how Chapter 11 bankruptcies affect local legal labor markets. We document that bankruptcy shocks increase county legal employment and corroborate this finding by exploiting a stipulation of the law known as Forum Shopping during the Court Competition Era (1991-1996). We quantify losses to local communities from firms forum shopping away from their local area as follows. First, we calculate the unrealized potential employment gains implied by our reduced-form results. Second, we structurally estimate a model of legal labor markets and quantify welfare losses. We uncover meaningful costs to local communities from lax bankruptcy venue laws. 

Previously circulated as: "Bankruptcy Shocks and Legal Labor Markets: Evidence from the Court Competition Era". 

Work in Progress

• Uniform Convergence of Deep Neural Network Sieve Estimators 

• Convergence of Deep Neural Network Sieve Estimators with Weakly Dependent Data