I had the privilege of presenting my job market paper, “Labor Force Growth, Firm Dynamics, and Declining Labor Mobility,” at the Opportunity and Inclusive Growth Institute (OIGI) Post-Doc Conference at the @MinneapolisFed.
Many thanks to the organizers, participants, and the economists at the Mpls Fed for the thoughtful comments and discussion. I truly appreciate the opportunity to share my work and learn from such an impressive group of researchers.
🚨 Job Market Paper 🚨
𝐂𝐲𝐜𝐥𝐢𝐜𝐚𝐥 𝐉𝐨𝐛 𝐅𝐫𝐚𝐠𝐢𝐥𝐢𝐭𝐲
Why are jobs that begin in recessions shorter?
My answer: bad matches end sooner if they start in recessions
🧵
1/13 #EconTwitter#EconJobMarket
I'm very grateful to @King_ofSweden for his mentorship and support. The work he mentions is my job market paper, which studies how labor force growth affects business dynamics, labor mobility, and wage growth. You can find the paper here: https://t.co/uUNUYWS1hq
I am also excited to mention and share the job-market paper of Hector Cardozo @Prince_ofTroy, my other student on the market this year.
His job-market paper is an ambitious study of the macroeconomic consequences of demographic changes for labor flows and reallocation. He asks: can the slowdown in U.S. labor-force growth account for a large share of the decline in employer-to-employer (EE) transitions since the 1980s? What are the implications for wages over time?
I'm excited to share that I am on the 2025-2026 economics job market! My research explores how demographic trends, labor markets, and firm behavior interact to shape economic outcomes.
More about my work here: https://t.co/LzBfBmAKVv
“Let me get this straight, you can buy a burrito on an interest-free instalment plan?”
“That’s right, and we’re not even based in the Chipotle store.”
“So, you finance this by packaging the burrito instalment loans into Burrito CDO A, which has part of Burrito CDO B and both get put into Burrito CDO C?”
“Yeah. The original loans are backed by burritos. Chicke. Pork. Carne Asada. Whatever. But Burrito CDO C is a synthetic Burrito CDO. A CDO of Burrito CDOs.”
“Ok, let’s say we have an underlying pool of $10,000 in burritos. How much money could be out there betting on instalment loans and your synthetic burrito CDOs?”
“Probably $100,000,000.”
“C’mon! How much bigger is the market for burrito instalment loans than actual edible real-life cheesy burritos?”
“At least 100x.”
“That is fucking crazy.”
“No, it’s awesome.”