We study the effect of Opportunity Zones (OZs) on job postings using data comprising thenear-universe of US online job postings. The OZs program grants tax breaks for investment indistressed communities. Each state’s governor nominated OZs based on a variety of factors. Weuse propensity score...

We experimentally study ways in which the social preferences of individuals and groups affect performance when faced with relative incentives. We also identify the mediating role that communication and leadership play in generating these effects. We find other-regarding workers tend to depress...

We explore how political identity affects trust. Using an incentivized experimental survey conducted on a representative sample of the U.S. population, we vary information about partners’ partisan identity to elicit trust behavior, beliefs about trustworthiness, and actual reciprocation. By...

Under relative performance pay, other-regarding workers internalize the negative externality they impose on other workers. In one form -increased own effort reduces others' payoffs- this results in other-regarding individuals depressing efforts. In another form punishment reduces the payoff of...

We study the association of startup firm spending with firm survival. We propose that spending per employee (the “normalized burn rate”) captures entrepreneur's ability to avoid failure better than total spending (the popular “burn rate”). We derive an analytical model to describe how...

We study how rents from power for a dissident group might affect broader public mobilization against the current regime. Our model predicts that rents decrease the incidence of public mobilization when the public observe the group's mobilization. Individuals in the broader public infer the group...