Research
My primary fields of interest are Behavioral and Experimental Economics, but I also have a background in Public, Development, and Macroeconomics as well as Finance. I currently study meaningful work and workfare effects.
Publications:
with Jens. H. E. Christensen, Eric Fischer, and Simon Zhu - Journal of International Economics, September 2024​​
Abstract: To study inflation expectations and associated risk premia in emerging bond markets, we provide estimates for Mexico based on an arbitrage-free dynamic term structure model of nominal and real bond prices that accounts for their liquidity risk. Beyond documenting the existence of large and weakly correlated liquidity premia in nominal and real bond prices, our results indicate that long-term inflation expectations in Mexico are well anchored close to the Bank of Mexico’s inflation target. Furthermore, Mexican inflation risk premia are larger and more volatile than those in Canada and the United States.
Working Papers:
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Paid With(out) Purpose: Costs of Poor Matches on the Meaning of Work
Abstract: Recent reporting and studies in Economics discuss meaning or purpose as an important dimension of work. Like location, culture, or benefits, work meaning may enter idiosyncratically into a worker's utility function and affect work choices on both extensive and intensive margins. I replicate and extend the findings of other studies that workers have lower reservation pay amounts for tasks framed as meaningful (relative to the same task not framed as meaningful), even absent a firm-framing context. However, mine and other studies have used a constant, top-down, inflexible assignment of "meaningful" and "non-meaningful" task framing in our designs, not allowing for variation in worker perception of and taste for meaning. I therefore investigate potential costs of poor matching of worker and task on this dimension of meaning allowing for heterogeneity in both worker perception of and preference for meaning.
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Benefits on the Bench: Workfare, Mental Health, and the Role of the Team
with Carlos Brito (UC Davis) ​
Abstract: Recent studies have found large positive effects of working compared to pure cash transfers on various measures of mental health for labor demand-constrained populations. We hypothesize that some such benefits could stem from belonging to and training with a team even if one is not ultimately selected to work, which we term as “being on the bench”. This study proposes a novel field experiment to investigate the effects of being placed on the bench by a randomized employment lottery for forcibly displaced Venezuelan migrants in Roraima, a Brazilian border state. This population is understood to have both high unemployment and job-seeking as well as poor mental health, making them both appropriate and necessary to study. As we expect these effects to operate through alignment with the meaningfulness or mission of work being trained for, we introduce variation in the meaningfulness of tasks offered. Similar to previous studies, we also include a cash transfer treatment arm and pure control for comparison.​​​​
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Other Projects
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Directing Attention with Justin Ku (UC Davis)
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Peer Effects in Novel Strategy Diffusion
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Public Transfer Periodicity: Impacts of Myopathy on Mental Health
with John G. Fernald and Mark M. Spiegel - VoxChina 2020-12
with Jose A. Lopez and Mark M. Spiegel - FRBSF Economic Letter 2020-11
with Mark M. Spiegel - FRBSF Economic Letter 2020-09
with John G. Fernald and Mark M. Spiegel - SF Fed Blog 2020-09.