Working Papers
Sorting in the Marriage Market: The Role of Inequality and its Impact on Intergenerational Mobility
I study the long-run impacts of a trade-induced increase in marital sorting. First, I exploit heterogeneous effects by gender and education of a trade-induced labor demand shock to test how changes in inequality affect assortative mating. I find that increased men's skill premium leads to increased sorting in the marriage market, as it deters marriages between college-educated women and high-school-educated men. Second, I study the potential long-term consequences of increased sorting on intergenerational mobility. I present suggestive evidence that marriages in which both spouses have a college degree invest more time and resources in their children, and their children outperform others from an early age. Increased sorting can then lead to higher inequality in children's initial human capital development, lowering intergenerational mobility. I develop an Aiyagari-style overlapping-generations life-cycle model with an explicit marriage market to estimate the long-run effect of the trade shock on intergenerational mobility. The model, estimated to the US in the 2000s, implies that the trade-induced increase in assortative mating can reduce intergenerational mobility by 0.9%.
Female Leadership in Times of COVID with Sahar Parsa
Using scraped data from the website Glassdoor, we study the impact of the presence of women leaders within a firm on worker satisfaction after the on- set of COVID. We first conduct text analysis on employee reviews and find that the pandemic has not changed what workers care about the most in their jobs: benefits, their team, the firm’s culture, work-life balance, and flexibility. Con- sistent with working from home improving some of those dimensions, employee satisfaction increased within weeks of the pandemic’s start. Additionally, with the pandemic, workers started caring about the firm’s leadership and whether they felt supported and cared for. As research finds men and women differ in their leadership styles, with the latter being more likely to empathize with their employees, we further study how the change in satisfaction varied by the presence of women leaders in their firms. Using a difference-in-differences em- pirical strategy, we find that the increase in satisfaction was greater for workers in companies led by women.
I study the long-run impacts of a trade-induced increase in marital sorting. First, I exploit heterogeneous effects by gender and education of a trade-induced labor demand shock to test how changes in inequality affect assortative mating. I find that increased men's skill premium leads to increased sorting in the marriage market, as it deters marriages between college-educated women and high-school-educated men. Second, I study the potential long-term consequences of increased sorting on intergenerational mobility. I present suggestive evidence that marriages in which both spouses have a college degree invest more time and resources in their children, and their children outperform others from an early age. Increased sorting can then lead to higher inequality in children's initial human capital development, lowering intergenerational mobility. I develop an Aiyagari-style overlapping-generations life-cycle model with an explicit marriage market to estimate the long-run effect of the trade shock on intergenerational mobility. The model, estimated to the US in the 2000s, implies that the trade-induced increase in assortative mating can reduce intergenerational mobility by 0.9%.
Female Leadership in Times of COVID with Sahar Parsa
Using scraped data from the website Glassdoor, we study the impact of the presence of women leaders within a firm on worker satisfaction after the on- set of COVID. We first conduct text analysis on employee reviews and find that the pandemic has not changed what workers care about the most in their jobs: benefits, their team, the firm’s culture, work-life balance, and flexibility. Con- sistent with working from home improving some of those dimensions, employee satisfaction increased within weeks of the pandemic’s start. Additionally, with the pandemic, workers started caring about the firm’s leadership and whether they felt supported and cared for. As research finds men and women differ in their leadership styles, with the latter being more likely to empathize with their employees, we further study how the change in satisfaction varied by the presence of women leaders in their firms. Using a difference-in-differences em- pirical strategy, we find that the increase in satisfaction was greater for workers in companies led by women.