Funded Research

Our funding interests are organized around the following four drivers of economic growth: macroeconomics and inequality, market structure, the labor market, and human capital and wellbeing. We consider proposals that investigate the consequences of economic inequality, as well as group dimensions of inequality; the causes of inequality to the extent that understanding these causal pathways will help us identify and understand key channels through which inequality may affect growth and stability; and the ways in which public policies affect the relationship between inequality and growth.

Explore the Grants We've Awarded

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Social preferences at work: Evidence from online lab experiments and job-to-job mobility in the LEHD dataset

Grant Year: 2016

Grant Amount: $15,000

Grant Type: doctoral

This project offers a novel twist on intra-firm mobility and job-to-job transitions by using preferences to look at labor market decisions and not simply tax preferences. Using a combination of online lab experiments and employee-employer matched LEHD data, the research will test for individual social preferences over payoff distributions.

Those jobs ain’t coming back: The consequences of an industry collapse on two tribal reservations

Grant Year: 2016

Grant Amount: $15,000

Grant Type: doctoral

This research project uses qualitative data to explore the mechanisms that link the decline of employment options to the rise in drug use, the decline in labor force participation, and other negative socio-economic and behavioral consequences for males. Unlike many studies of industry decline which look at urban communities, this work focuses on the loss of natural resource employment in rural areas. Specifically, the researcher focuses on the lack of employment options and life outcomes on two Native American tribal reservations, The Yurok and Hoopa Valley Reservations, located in California’s northwest. A member of the Yurok tribe herself, the researcher’s data provides a unique contribution. We also see the research as having useful insights on the consequences of declining male labor force participation, particularly in non-urban settings. From a policy engagement perspective, the rich stories that are likely to come from this qualitative work will help provide the narrative and texture that is necessary for capturing policy attention.

Cyclical underemployment: Causes and consequences of inequality

Grant Year: 2016

Grant Amount: $15,000

Grant Type: doctoral

This project links traditional macroeconomic models with labor models, specifically through the incorporation of the job ladder. The goal is lofty: to construct a comprehensive measure of underemployment and integrate it into commonly-used economic models, thereby providing evidence about the effects of underemployment on labor market functionality over the business cycle and on inequality more broadly. We view this project as a significant academic contribution with immediate policy relevance given the emerging debates over appropriate responses to the next recession.

Firms, human capital, and careers

Grant Year: 2016

Grant Amount: $15,000

Grant Type: doctoral

Building on recent work in labor economics focused on the role of firms, this research seeks to shed light on the importance of firms specifically in the careers of young workers. Using administrative matched employer-employee data, the researcher seeks to document facts regarding access to high-wage firms and movements between high- and low-wage firms over the span of a worker’s career. This has the potential to improve our understanding of cohort inequality as well as potential scarring effects of recessions.

Distributional consequences of changes in labor demand and amenities: Evidence from linked census data

Grant Year: 2016

Grant Amount: $15,000

Grant Type: doctoral

This project will explore the distributional implications of fracking and mass transit expansions, two important recent developments in U.S. cities and regions. Using newly available, restricted access, longitudinal U.S. Census Bureau microdata, the researcher seeks to answer: If fracking or urban rail expansions have heterogenous effects? How much do local housing costs rise? And do fracking or rail expansions lead to displacement of original residents? Policymakers are searching for policies to encourage growth in American cities, and we see this project as providing insightful and generalizable findings in that area.

Understanding debt, inequality and consumption behavior: The U.S. in the 2000s

Grant Year: 2014

Grant Amount: $60,000

Grant Type: academic

The level of private debt in the U.S. economy rose considerably during the 2000s. This research will investigate how much of that increase was due to the weak job growth of that decade. If the debt run-up was due to consumers’ borrowing to cover necessities after a job loss, the policy implications are quite different than if it were due to reckless consumer spending. This research will also look at how debt was distributed across the population by age, race, and income, and how that distribution changed during the 2000s. A better understanding of the causes of increased debt and knowing who increased their debt load the most will help us better understand the importance of savings and the relationship between consumer demand and economic growth.

Funded research

Human Capital and Wellbeing

How does economic inequality affect the development of human capital, and to what extent do aggregate trends in human capital explain inequality dynamics?

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Funded research

Macroeconomics and Inequality

What are the implications of inequality on the long-term stability of our economy and its growth potential?

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Funded research

Market Structure

Are markets becoming less competitive and, if so, why, and what are the larger implications?

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Funded research

The Labor Market

How does the labor market affect equitable growth? How does inequality in turn affect the labor market?

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