Place-based jobs policies seek to create jobs in particular local labor markets. Such policies
include business incentives provided by state and local governments, which cost almost $50 …

We study how Americans respond to idiosyncratic and exogenous changes in household
wealth and unearned income. Our analyses combine administrative data on US lottery …

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' …

Automation technologies promise to deliver major productivity benefits that are too
substantial to ignore. They are also beginning to reshape the American workplace, and this …

We document that skyscraper growth since the end of the 19 th century has been driven by a
reduction in the cost of height, increasing urbanization, and rising incomes. These stylized …

We develop a quantitative spatial model with heterogeneous firms and a monopsonistic
labour market to derive minimum wages that maximize employment or welfare. Quantifying …

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 …

Search frictions and switching costs may grant monopsony power to incumbent employers
by reducing workers' outside options. This paper examines the role of labor market frictions …

The decentralized US unemployment insurance (UI) system lets states decide on key rules.
Decentralization could help states efficiently adapt to local economic conditions, but it could …

A growing literature uses now widely-available data on beliefs and expectations in the
estimation of structural models. In this chapter, we review this literature, with an emphasis on …