"When Sarah Meets Lawrence: The Effects of Coeducation on Women's College Major Choices" (with Avery Calkins, Ariel J. Binder, and Dana Shaat). American Economic Journal: Applied Economics, July 2023, 15 (3): 1-34.
“Outside Option and Wages: Evidence from Orchestras” (with Russell Weinstein)
Abstract: This paper studies the effect of outside options on worker wages. In particular, we examine the probability that a worker's wage increases, proxied by appearing as one of the top five highest paid employees in their firm, after experiencing an outside opening. We focus on the orchestra setting where vacancies are rare, making it straightforward to identify meaningful changes in outside options. Furthermore, the nature of the classical music industry makes it so that we can identify the relevant set of outside options for musicians in the orchestra. Using data from orchestra rosters and tax forms (Form 990), we estimate an event study analysis with fixed effects to find that musicians are 1.5% more likely to appear as one of the top five highest paid employees within one to two years after they experience an opening for their instrument-position in another orchestra.