Annual Conference

|

Labour Economics

|

May 2025

Intergenerational Effects of Debt Relief: Evidence from Bankruptcy Protection

Naser HAMDI, Ankit KALDA, Qianfan WU
Using bankruptcy filing information on parents matched with administrative data on their children, along with judicial leniency as an instrumental variable, we examine the effect of parental bankruptcy protection on children’s income, intergenerational mobility, and homeownership. We find that chi...
Keywords: Debt relief, bankruptcy protection, intergenerational effects, income, intergenerational mobility
  • View
  • Download
  • Bookmark
  •    |   

Annual Conference

|

Labour Economics

|

May 2025

Now You See It, Now You Don't: Financial Constraints, Minimum Wage Policies, and Employment

Alona BILOKHA, Iftekhar HASAN, Stefano MANFREDONIA, Ronald W. MASULIS
Corporate financial constraints play a crucial role in explaining the effect of minimum wage policies on employment levels. Using a border discontinuity design and establishment and firm-level information, we show that minimum wage increases, on average, have no significant impact on employment leve...
Keywords: Minimum Wage, Financial Frictions, Employment
  • View
  • Download
  • Bookmark
  •    |   

Annual Conference

|

Labour Economics

|

May 2025

The Effect of House Prices on Fertility: Evidence from House Purchase Restrictions

Ziqian LIU, Yu ZHANG
We study the causal effect of house price increases on China’s great birth rate decline since 2016, as well as on the country’s marriage market and private educational investments. Using quasi-experimental increases in urban house prices in nearby unregulated prefectures—driven by capital spil...
Keywords: house prices, fertility choice, marriage, urbanization, human capital investment
  • View
  • Download
  • Bookmark
  •    |   

Annual Conference

|

Labour Economics

|

May 2025

Child Development, Parental Investments, and Social Capital

Qianyao YE
This paper examines the impact of social capital on child development. Social capital reflects neighborhood connectedness and neighbors’ engagement in child support and monitoring. I measure social capital using a novel neighborhood survey from the Project on Human Development in Chicago Neighborh...
Keywords: child development, human capital, parental investments, neighborhood, and social capital
  • View
  • Download
  • Bookmark
  •    |   

Annual Conference

|

Labour Economics

|

May 2025

Measuring Labor Market Match Quality with Large Language Models

Yi CHEN, Hanming FANG, Yi ZHAO, Zibo ZHAO
We propose a novel method to assess labor market match quality using large language models (LLMs). Our approach tasks LLMs with the role of a human resources specialist to evaluate the fit between an applicant and a job. Our study consists of two parts. First, we validate the LLM approach using an a...
Keywords: Large Language Models, Categorical Variables, Labor Market Match Quality
  • View
  • Download
  • Bookmark
  •    |