Could not be more proud of my doctoral advisor David Card! Well deserved!

Why are wages higher in some CZs than others? Fascinating seminar by @rothstein_jesse today. Using AKM they find that most wage differences are due to selection. Place based productivity differences seem smaller than previous research suggested. eml.berkeley.edu/~jrothst/worki…

I've been waiting for someone to write this paper: (new econ Nobel!) David Card, @rothstein_jesse and Moises Yi use admin data to better estimate big productivity gains from moving to higher-wage metros. But housing costs more than offset average gains :( www2.census.gov/ces/wp/2021/CE…

What are the employment and welfare effects of trade shocks across groups and the whole economy? Galle, Rodríguez-Clare and Yi examine this question in ``Slicing the Pie: Quantifying the Aggregate and Distributional Effects of Trade." restud.com/paper/slicing-…

Causal effects of places on earnings are large. Worker skills are higher in high-wage places. Industry composition explains little of the variation in place effects, from David Card, @rothstein_jesse, and Moises Yi nber.org/papers/w31587

New estimates of industry wage differentials based on employer-level premiums improve on both cross-sectional and industry movers designs, from David Card, @rothstein_jesse, and Moises Yi nber.org/papers/w31588

New in NBER: David Card, @rothstein_jesse, and Moises Yi find that roughly half of the variation among mean wages across commuter zones can be attributed to place effects, w/ the other half attributed to worker abilities.

A comparison of job search outcomes of workers who lost their jobs in large and small markets due to firm closures finds that workers in larger markets experience shorter unemployment spells and smaller earning losses, from Enrico Moretti and Moises Yi nber.org/papers/w32250

Black workers in large US cities live closer to jobs and “good” jobs than whites, suggesting that spatial mismatch is unlikely to be a major source of racial earnings gaps, from David Card, @rothstein_jesse, and Moises Yi nber.org/papers/w32252

Forthcoming in AEJ: Applied Economics: "Location, Location, Location" by David Card, Jesse Rothstein, and Moises Yi. aeaweb.org/articles?id=10…