This paper uses an integrated employer-employee data-set to answer two key questions: (i) What is the equilibrium amount of worker reallocation? (ii) How much does firm-level job reallocation affect worker reallocation? About 26% of workers who had previously exhibited a substantial degree of...

Although in principle prior information can significantly improve inference, incorporating incorrect prior information will bias the estimates of any inferential analysis. This fact deters many scientists from incorporating prior information into their inferential analyses. In the natural...

Background: Identifying effective treatments and policies early in a pandemic is challenging because only limited and noisy data are available, and biological processes are unknown or uncertain. Consequently, classical statistical procedures may not work or require strong structural assumptions....