We develop an equilibrium search model of the labor market in which firms cannot observe worker quality prior to interviewing. Upon meeting an applicant, firms can interview workers at a cost to learn their type. Less productive workers are more likely to be turned away after an interview so...

We build a structural model of Chapter 13 bankruptcy that captures salient features of personal bankruptcy under Chapter 13. We estimate our model using a novel data set we construct from bankruptcy court dockets recorded in Delaware between 2001 and 2002. Our estimation results highlight the...

We study how individuals match their skills with an occupation's demands as they choose a career. With data on individuals' test scores for multiple types of skills and work histories, we have a rich description of this process. We quantify the quality of one's occupational match and how it...

The rate of long-term unemployment spiked during the Great Recession. To help explain this, I exploit the systematic and counter-cyclical differences in unemployment duration across occupations. This heterogeneity extends the tail of the unemployment duration distribution, which is necessary to...