Showing results 1 - 10 of 10
| David Deming | Jennifer Hochschild | Nathaniel Hendren | Will Dobbie | Daniel Schneider | Sandra Susan Smith | Danielle Allen | Cornell William Brooks | Dani Rodrik | Jason Furman
January 2021, Video; "Each week five experts give their 8- minute pitch for a big question, important finding, promising policy solution, or research frontier for the next generation of work on inequality."
Watch Complete Series Via Harvard Inequality and Social Policy on Youtube
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"This week: 6 Big Ideas. David J. Deming (Harvard Kennedy School) leads the…
| Nathaniel Hendren
June 17, 2020, Paper, "We build a publicly available platform that tracks economic activity at a granular level in real time using anonymized data from private companies. We report weekly statistics on consumer spending, business revenues, employment rates, and other key indicators disaggregated by county, industry, and income group. Using these data, we study the mechanisms through which COVID-19 affected the economy by analyzing heterogeneity…
| Nathaniel Hendren
May 2020, Paper, "We build a new, publicly available economic tracker that measures economic activity at a highfrequency, granular level. Using anonymized data from several large businesses – credit card processors, payroll firms, job posting aggregators, and financial services firms – we construct statistics on consumer spending, employment rates, incomes, business revenues, job postings, and other key indicators. We report these statistics in…
| Nathaniel Hendren
A Unified Welfare Analysis of Government Policies. Nathaniel Hendren, August 2018, Paper, "We conduct a comparative welfare analysis of 133 historical policy changes over the past half-century in the United States, focusing on policies in social insurance, education and job training, taxes and cash transfers, and in-kind transfers. For each policy, we use existing causal estimates to calculate both the benefit that each policy provides its…
| Nathaniel Hendren
Race and Economic Opportunity in the United States: An Intergenerational Perspective. Raj Chetty, Nathaniel Hendren, March 2018, Paper, "We study the sources of racial and ethnic disparities in income using de-identified longitudinal data covering nearly the entire U.S. population from 1989-2015. We document three sets of results. First, the intergenerational persistence of disparities varies substantially across racial groups. For example,…
| Nathaniel Hendren
Measuring Ex-Ante Welfare in Insurance Markets. Nathaniel Hendren, October 2016, Paper, "Insurance has value by insuring against the realization of risk. Adverse selection occurs when a portion of this risk is already known at the time of contracting. This suggests demand estimates in adversely selected markets tend to understate the ex-ante (or ex-post utilitarian) willingness to pay for insurance. This paper provides new reduced-form methods…
| Nathaniel Hendren
Knowledge of Future Job Loss and Implications for Unemployment Insurance. Nathaniel Hendren, August 2015, Paper, "This paper studies the positive and normative implications of individuals’ knowledge about their potential future job loss. Using information contained in subjective probability elicitations, I show individuals have significant information about their chances of losing their job conditional on a wide range of observable information…
| Nathaniel Hendren
Private Information and Unemployment Insurance. Nathaniel Hendren, July 19, 2015, Paper. "I provide empirical evidence that private information limits the ability to insure the risk of job loss in private markets, and analyze the implications of this micro-foundation for normative analysis of optimal unemployment insurance. Using information contained in subjective probability elicitations, I show individuals have significant information about…
| Nathaniel Hendren
Where is the Land of Opportunity: The Geography of Intergenerational Mobility in the United States. Raj Chetty, Nathaniel Hendren, June 2014, Paper. "We use administrative records on the incomes of more than 40 million children and their parents to describe three features of intergenerational mobility in the United States. First, we characterize the joint distribution of parent and child income at the national level. The conditional expectation…
| Nathaniel Hendren
Is the United States Still a Land of Opportunity? Recent Trends in Intergenerational Mobility, Raj Chetty, Nathaniel Hendren, January 2014, Paper. "We present new evidence on trends in intergenerational mobility in the U.S. using administrative earnings records. We find that percentile rank-based measures of intergenerational mobility have remained extremely stable for the 1971-1993 birth cohorts. For children born between 1971 and 1986, we…