Shari will present the paper titled

Do Youth Employment Programs Work? Evidence from the New Deal

Abstract: We study the Civilian Conservation Corps (CCC) – the first and largest youth training program in
the U.S. in operation between 1933 and 1942 – to provide the first comprehensive assessment of
the short- and long-term effects of means-tested youth employment programs. We use digitized
enrollee records from the CCC program in Colorado and New Mexico and matched these records
to the 1940 Census, WWII enlistment records, Social Security Administration records, and death
certificates. We find that enrollees who spent more time in CCC training grew taller, lived longer
lives and had higher lifetime earnings as a result of their participation in the program. We also
find modest increases in the educational attainment of the participants and increases in short term
geographic mobility. In contrast, we find no evidence that their labor force participation or wages
increased in the short run. To assess the internal and external validity of the results, we compare
our estimates to those derived from a randomized evaluation of Job Corps, the modern version of
the CCC, conducted in the 1990s. The RCT’s results show that our empirical strategy delivers
estimates that are in line with the experimental estimates. Overall, we find significant long-term
benefits in both longevity and earnings, suggesting short and medium-term evaluations
underestimate the returns of training programs, as do those that fail to consider effects on
longevity.

Organisers: Bishnupriya Gupta & Claudia Rei

Title to be advised.

Seminar organisers: Manuel Bagues & Ludovica Gazze

Title to be advised.

Title of paper to be advised.

This seminar is via Zoom, details to follow.

Title: Identifying Heterogeneous Bank Responses to US Monetary Policy Shocks

Title to be advised.

Organisers: Bishnupriya Gupta & Claudia Rei

Meeting registration: https://docs.google.com/spreadsheets/d/19yAXbaJWko_UNrgwuktv3INE3rSueMLWviHEcgHYicM/edit#gid=0

This seminar is joint with Bristol University and Warwick will be hosting today's event.

Johannes will be presenting preliminary work, title is ‘Community Networks and Trade’.

This will be via Zoom

Title to be advised.

Seminar organisers: Manuel Bagues & Ludovica Gazze

Title to be advised

Title of paper to be advised.

This seminar is via Zoom, details to follow.

This will be the 100th webinar we host since we began the series in April 2020.

Title: “Tackling Sexual Harassment: Evidence from India”

Zoom Link: https://monash.zoom.us/j/83010180431?pwd=TU81bnRFWmxYd2hTaDJ0Z3p5UUtKQT09

The title and link for David’s talk will be Rising Wage Inequality: Technological Change and Search Frictions.

Abstract: This paper examines whether labor market frictions can explain the level and growth of the college wage premium in the US. I develop a novel model where both capital skill complementarity and differences in the search frictions faced by college and non-college workers drive the college wage premium. The presence of search frictions, and hence monopsonistic power, provides a range of explanations for rising college premiums not present in competitive models i.e. changes to relative job offer rates, to firm heterogeneity or to bargaining power between education groups. College workers enjoy substantially lower job destruction rates and higher job offer rates than non-college workers, which generates the presence of a significant, and relatively stable, college wage premium in my model. I also find that bargaining strength, as captured by unionization rates, starts off at similar levels for college and non-college workers but declines more severely for non-college workers. This trend explains a substantial portion of the growth in the college wage premium in my baseline model.

David will be visiting the department for this Seminar - Dita Eckardt will be hosting this visit.

Title to be advised.

Title of paper to be advised.

This seminar is via Zoom, details to follow.

Title of paper to be advised.

This seminar is via Zoom, details to follow.

Title of paper: Trading Non-Tradables: The Implications of Europe's Job Posting Policy

Personal website

Modibo Camara (Northwestern University), "Computationally Tractable Choice"

Zoom link: https://us02web.zoom.us/j/85257798189?pwd=emw0WE4rb2hSV2JmcVNpcGd1VFhBUT09

Meeting ID: 852 5779 8189
Passcode: SET2022

Title of paper: Revealed Beliefs and the Marriage Market Return to Education

Personal website

Title of paper: Sequential Learning under Informational Ambiguity

Personal website

Enrico de Magistris (Boston University), "Investing in Outside Options in Bargaining"

Zoom link: https://us02web.zoom.us/j/85257798189?pwd=emw0WE4rb2hSV2JmcVNpcGd1VFhBUT09

Meeting ID: 852 5779 8189
Passcode: SET2022

Title of paper: Mental Illness Discrimination

Personal website

Title of paper: The Grass is Actually Greener on the Other Side: Evidence on Green Multipliers from the United States

Personal website

Evgenii Safonov (Princeton University), "Slow and Easy: a Theory of Browsing"

Zoom link: https://us02web.zoom.us/j/85257798189?pwd=emw0WE4rb2hSV2JmcVNpcGd1VFhBUT09
Meeting ID: 852 5779 8189
Passcode: SET2022

Title of paper: Rationing the Commons

Personal website

Yingkai Li (Northwestern University), "Optimization of Scoring Rules" (with Jason D. Hartline, Liren Shan and Yifan Wu

Zoom link: https://us02web.zoom.us/j/85257798189?pwd=emw0WE4rb2hSV2JmcVNpcGd1VFhBUT09
Meeting ID: 852 5779 8189
Passcode: SET2022

Ellen Muir (Stanford University), "Contracting and vertical control by a dominant platform" (with Zi Yang Kang)

Zoom link: https://us02web.zoom.us/j/85257798189?pwd=emw0WE4rb2hSV2JmcVNpcGd1VFhBUT09
Meeting ID: 852 5779 8189
Passcode: SET2022

Title of paper: Robustness, Heterogeneous Treatment Effects and Covariate Shifts

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