Evaluating the attractiveness of startup employment requires an understanding of both what
startups pay and the implications of these jobs for earnings trajectories. Analyzing Danish …

This paper examines how labor mobility restrictions like noncompete agreements affect
firms' investment decisions. Using matched employee-employer data from LinkedIn, I show …

We estimate the effect of increased access to bank credit on the employment and wages of
high-and low-skilled workers. To do so, we consider a bankruptcy reform that led to an …

Early stage technology startups rely critically on talented scientists and engineers to
commercialize new technologies. And yet these startups compete with established …

Using rich administrative and household survey data spanning 34 years from 1985 to 2018,
we document a series of new facts on earnings inequality and dynamics in a develo** …

We study the nature of firm pay dynamics. To this end, we propose a statistical model that
extends the seminal framework by Abowd et al.(1999) to allow for idiosyncratically time …

We study the time-series properties of firm effects in the two-way fixed effects model
popularized by Abowd et al.(1999)(AKM) using two approaches. The first—the rolling AKM …

Using proprietary data from AngelList Talent, we study how startup job seekers' search and
application behavior changed during the COVID-19 downturn. We find that workers shifted …

The effect of financial crises on innovation is an unsettled and important question for
economic growth, but one difficult to answer with modern data. Using a differences-in …

A few large firms in the US financial system achieve substantial economic gains. Their
dominance sets them apart while also raising concerns about the suppression of worker …