Using granular bank-firm level credit data, we show that the characteristics of bank-firm matches affect firms' access to credit and real outcomes during crises. We identify a set of potential matches in pre-crisis years, and we use them to predict match formation in crisis times. We generate a...

Accurate estimates of land values on a property-by-property basis are an important requirement for the effective implementation of land-based property taxes. We compare hedonic, residual, and matching techniques for mass appraisal of residential land values, using data from Maricopa County,...

This paper studies the ways in which the geographic locations of a firm's foreign operations affect the appointment and effectiveness of foreign directors. Using country-level data on firm internationalization and board foreignness, we find that firms with more foreign subsidiaries in a region...

This paper presents affine term structure models with Garch heteroscedastic latent factors driving the short rate, and an extension of the Kalman Filter to estimate such models. With six or more factors, these models that can match daily US Treasury yields of all maturities, from one year to...

Using a cluster randomized control trial, we study the role of women's social networks in improving female labor force participation. In the first treatment arm, a hyper-local digital job search platform service was offered to a randomly selected group of married couples (non-network treatment)...

This chapter surveys recent literature on social networks and labour markets, with a specific focus on developing countries. It reviews existing research, in particular, on the use of social networks for hiring and the consequences of networks for on-the-job outcomes, including emerging...

A standing question in the theory of matching markets is how to define stability under incomplete information. This paper proposes an epistemic approach. Agents negotiate through offers, and offers are interpreted according to the highest possible degree of rationality that can be ascribed to...