This paper uses US local areas as a laboratory to test for long-term impacts of the Great
Recession. In administrative longitudinal data, I estimate that exposure to a 1 percentage …

We review developments in research on within-country migration, focusing on internal
migration in the United States. We begin by describing approaches to modeling individuals' …

This paper examines how housing market distress affects job search. Using data from a
leading online job search platform during the Great Recession, we find that job seekers in …

The subprime boom and subsequent foreclosure crisis highlighted risk associated with
pursuit of the American Dream of homeownership. People of color and those living in …

We quantify reference dependence and loss aversion in the housing market using rich
Danish administrative data. Our structural model includes loss aversion, reference …

The recession of 2007-09 witnessed high rates of unemployment that have been slow to
recede. This has led many to conclude that structural changes have occurred in the labor …

Real rents measured in the United States CPI increased 17.4 log-points from 2000 to 2018.
We present a spatial equilibrium framework to decompose the increase into several …

This paper investigates the impact of the macroeconomy on the health insurance coverage
of Americans using panel data from the Survey of Income and Program Participation for …

Live chat tools have emerged as a channel for fostering synchronous communication
between sellers and buyers. The role of live chat in the e-commerce environment, however …

Some commentators have argued that the housing crisis may harm labor markets because
homeowners who owe more than their homes are worth are less likely to move to places that …