David Sovich

Published or Forthcoming Papers

1) The Economic Impact of Index Investing

with Jonathan Brogaard and Matt Ringgenberg

The Review of Financial Studies, 2019

2) State Minimum Wages, Employment, and Wage Spillovers: Evidence from Administrative Payroll Data

 with Radha Gopalan, Bart Hamilton, and Ankit Kalda

Journal of Labor Economics, 2021

3) Home Equity and Labor Income:  The Role of Constrained Mobility

 with Radha Gopalan, Bart Hamilton, and Ankit Kalda

The Review of Financial Studies, 2021

4) Aversion to Student Debt? Evidence from Low-wage Workers

with Radha Gopalan, Bart Hamilton, and Jorge Sabat

Journal of Finance, 2024

5) Between a Rock and a Hard Place: The Costs and Benefits of Expanded Unemployment Insurance Benefits

with Naser Hamdi and Ankit Kalda

Journal of Public Economics, 2025

6) The Labor Market Consequences of Student Loan Forbearance 

with Naser Hamdi and Ankit Kalda

Management Science, Forthcoming

Working Papers

1) Consumer Credit and the Incidence of Tariffs: Evidence from the Auto Industry

 with Kristine Hankins and Morteza Momeni

American Economic Review, Revise and resubmit

2) Cost Pass-Through and Mortgage Credit: The Case of Guarantee Fees

 with Ankit Kalda and Gavin Pearson

3) The Wage and Employment Effects of California's Fast-Food Minimum Wage

 with Naser Hamdi

4) The Marginal Propensity to Default

 with Morteza Momeni

5) Relative valuation and the information production network

with Armando Gomes and Alan Moreira

6) Unemployment insurance and the household financial channel 

Works in progress

1) Multiple Borrowing and the Pecking Order of Consumer Credit

with Radha Gopalan and Ankit Kalda

2) Tax Incidence in Consumer Financial Markets: Evidence from Auto Leases

with Sarah Khoei and Morteza Momeni