hypothesis that pension freezes affect overall compensation and therefore that they change compensation costs relative to a …

study the optimal funding choice for plan sponsors by developing a simple model of pension financing in which the total …

historically relied on local tax revenues (typically property taxes) to fund schools, which can generate disparities in funding … across districts. Many states passed school finance reforms that give more state funding to poorer districts. These formulas … typically discourage school districts from offsetting state funding by reducing local tax rates ("crowd out"). However, many …

provide empirical evidence that commuting time affects job acceptance, pointing to large indirect costs of congestion. To … interpret the empirical facts and quantify the costs of congestion, I build a model featuring a frictional labor market within a … policies. Workers evaluate job offers based on their productivity and commuting costs, taking congestion as given, but by …

provide empirical evidence that commuting time affects job acceptance, pointing to large indirect costs of congestion. To … interpret the empirical facts and quantify the costs of congestion, I build a model featuring a frictional labor market within a … policies. Workers evaluate job offers based on their productivity and commuting costs, taking congestion as given, but by …