The outcome of non-binding reverse auctions critically depends on how information is distributed during the bidding process. We use data from a large European procurement platform to study the impact of different information structures, specifically the availability of quality information to the...

Zimbabwean villagers of distinct background have resettled in government organized land reforms for more than three decades. Against this backdrop, I assess the level of social cohesion in some of the newly established communities by estimating average preferences for fairness in a structural...

Search Models of the labor market are widespread and influential but they usually ignore that labor market decisions are frequently taken at the household level. We fill this gap by developing and estimating an household search model with on-the-job search and labor supply. We build on previous...

This paper formulates and estimates a dynamic discrete choice model of elder parent care and work to analyze how caregiving affects a woman’s current and future labor force participation and wages. Intertemporal tradeoffs, such as decreased future earning capacity due to a current reduction in...

We develop a theory of marriage and fertility, distinguishing the choice to have children from the choice of the number of children. The deep param eters of the model are identified from the 1990 US Census. We measure voluntary and involuntary childless-ness, and explain why (1) single women are...

How large are the gains from trade? Do all trade models have the ‘same old gains’? Arkolakis, Costinot, and Rodriguez-Clare (2012) show that many quantitative trade models that summarize trade responses via a single elasticity have the same welfare implications. I develop a flexible approach...

Quantifying the welfare effects of trade liberalization is a core issue in international trade. Existing frameworks assume perfect labor markets and therefore ignore the effects of aggregate employment changes for welfare. We develop a quantitative trade framework which explicitly models labor...

We propose a model to study economic convergence in the tradition of neoclassical growth theory. We employ a novel stochastic set-up of the Solow (1956) model with shocks to both capital and labor. Our novel approach identifies the speed of convergence directly from estimating the parameters...

Among possible lifestyles, the DINKs (“double income no kids”) are couples choosing to be childless, while the DEWKs (“dually employed with kids”) are couples with children. We develop a theory of marriage and parenthood decisions, where we distinguish the choice to have children from...