In emerging economies, policymakers should care not only about the informality level but also about its persistence, which also has key welfare implications. Considering worker flows that drive people into informality is important for developing effective public policies. Using a Markov...

Using proprietary data from a Chilean online job board, we find strong, positive assortative matching at the worker-position level, both along observed dimensions and on unobserved characteristics (OLS Mincer residual wages). We also find that this positive assortative matching is robustly...

We use an unusually rich data from a Chilean job board to document novel facts regarding job search for unemployed and employed seekers. We show how application behavior is influenced by (1) demographics such as gender, age, and marital status, (2) alignment between applicant wage expectations...

In this paper we analyze cyclicality of wages at the job level, using posted wage data from an online job board in an emerging economy. Our data contains a significant fraction of online job advertisements in the Chilean economy for the period 2009 to 2018 and is representative of the overall...

We study the cyclicality of online posted wages at the job level, using a representative dataset for the Chilean economy. Unlike other datasets, ours has wage and requirements for most job ads. We find clear evidence of posted wage procyclicality, in line with matched employer-employee studies....

Employers hire more selectively between heterogeneous productivity workers when applicants’ queues are longer. Consistently, CPS data reveal a positive and concave relation between unemployment rates and wage inequality. We rationalize intuition and evidence altogether using a nonsequential...

Using proprietary data from a Chilean online job board, we compute sorting between workers and job positions during the application stage (ex ante) and predict sorting in the flow and stock of created matches (ex post) for different type measures. We find strong evidence for positive and...

We use a decade of online job ads to get robust estimates for real wage cyclicality, controlling for job title and firm fixed effects as well as hiring standards, i.e. posted requirements for applicants. Our estimates lie in the high range of semi-elasticities of real wages to unemployment rate...

This paper examines a number of techniques which allow for the construction of bounds estimates based on instrumental variables (IVs), even when the instruments are not valid. The plausexog and imperfectiv commands are introduced, which implement methods described by Conley et al. (2012) and...

I propose a method for difference-in-differences (DD) estimation in situations where the stable unit treatment value assumption is violated locally. This is relevant for a wide variety of cases where spillovers may occur between quasi-treatment and quasi-control areas in a (natural) experiment....