Better Bunching, Nicer Notching
Nathan Seegert, Marinho Bertanha, and Andrew McCallum, 2019. The authors study the bunching identification strategy for an elasticity parameter that. [download pdf]
Employee Responses to Compensation Changes
Nathan Seegert, Jason Sandvik, Richard Saouma, and Christopher Stanton, 2020. In a study of employee responses to compensation changes that ultimately reduced take-home pay by 7% for the average affected worker, the authors find that these changes caused a significant increase in the turnover rate of the firm’s most productive employees. The response was relatively muted for less productive workers. [download pdf]
Rethinking Strength in Numbers: Bilateral Bargaining in Groups
Ravideep Sethi, and WonSeok Yoo, 2020. Constructing a model in which two groups of individuals are engaged in alternate offer bargaining, the authors find that, counter to common intuition, the smaller a group is, the more it is able to extract in bargaining. This implies that dictatorships have an innate advantage in bargaining against democracies. [download pdf]
How to Fix Federal Student Loan Programs; and Fix the System, Don’t Throw it Out
Adam Looney and Constantine Yanellis, Journal of Policy Analysis and Management, 2020. In a Point/Counterpoint exchange in the Journal of Policy Analysis and Management, the authors argue that the government should repair the student loan system by creating incentives for institutional accountability and restricting loan eligibility and amounts based on student outcomes. [download pdf]