This chapter reviews how expectations data can inform theories of the labor market and job
search. The main focus of the chapter is on expectations data regarding outcomes of the job …

The importance of skilled labor and the inalienability of human capital expose firms to the
risk of losing talent at critical times. Using Swedish microdata, we document that firms lose …

This paper quantifies frictions in uptake, tests for adverse selection, and analyzes welfare
effects of proposed reforms in natural disaster insurance markets. I find that willingness to …

This review article, which was solicited by the Geneva Risk and Insurance Review, surveys
work that has been done using an empirical framework for analyzing selection in insurance …

We focus on “selection markets,” which cover markets in which consumers vary not only in
how much they are willing to pay for a product but also in how costly they are to the seller …

We study the welfare effects of offering choice over coverage levels—“vertical choice”—in
regulated health insurance markets. We emphasize that heterogeneity in efficient coverage …

Due to the absence of unemployment insurance (UI) choices, the traditional approach to
estimating the value of UI is to infer it from the observed consumption response to job loss …

We present a test of Coasean theories of efficient separations. We study a cohort of jobs
from the introduction through the repeal of a large age-and region-specific unemployment …

Many research papers in household finance utilize annual snapshots of household wealth
from administrative data, such as tax registries, to calculate “imputed consumption.” …

Public disability insurance (DI) programs in many countries face pressure to reduce their
generosity in order to remain sustainable. In this paper, we investigate the welfare effects of …