Labour Econometrics: Overview

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Overview

  1. : Transparency, Clarity, Replicability, Reproducibility
    • [ Christensen and Miguel (2018, JEL)]
    • Notebook showcase: [Krueger (1999, QJE)] on Project STAR.
  2. [Revision: Identification]
    • advanced reading: [ Lewbel (2019, JEL)] “The Identification Zoo - Meanings of Identification in Econometrics”
  • [Selection]
    • Replication: Mroz (1987) “The Sensitivity of an Empirical Model of Married Women’s Hours of Work to Economic and Statistical Assumptions”
    • [The RAND Health Insurance Experiment].
    • useful statistical facts: [the normal distribution], [LSDV estimator]
    • Replication: Ruhm (1996, JHE) “Alcohol policies and highway vehicle fatalities”
      • [multiway FE modelling, AKM]
  • [DiD]
    • [elegant DID coding]
    • Replication: [Card and Krueger (1994)] “Minimum Wages and Employment: A Case Study of the Fast-Food Industry in New Jersey and Pennsylvania”
    • Replication: [Card (1992)] “Using regional variations in wages to measure the effects of the federal minimum wage”
    • [Lissa and Liebman (1996] “Labour supply responses to the earned income tax credit” (EITC).
  • [Robust Standard Errors and Clustering]
    • [the art of making Sandwiches in practice] with replication of Peri (2012) and Krueger (1999).
    • Replicating [Cameron et al. (2015, JHR)] “A Practitioner’s Guide to Cluster-Robust Inference”.
  • If time permits: IVs
    • On Bartik shift-share instruments: Replicating Autor et al. (2013, AER): China syndrome and Peri (2010).

Advanced (if time permits): Sorting in the Labour Market

aka Two-way Fixed Effects Modelling (AKM)

  1. Sorting in the Labour Market I: AKM
    • [AKM: Identification and coding exercises]
  2. Sorting in the Labour Market II: Inequality in Germany (CHK and AKM)
  3. Sorting in the Labour Market III: Introduction to Search Theory (McCall, and Diamond’s paradox)
    • : Dynamic Programming introductory slides: Backward induction (BI) and value function iterations (VFI).
    • [McCall (in Julia)] Illustrating VFI in the McCall model.
    • [Chetty (2008, R)] Illustrating BI in a modified McCall model with search effort.
  4. Sorting in the Labour Market IV: Identification of PAM in Structural Search and Matching Models
    • [Shimer and Smith (2000, R)] Search and assortative matching: AKM using Shimer and Smith (2000).

Replication exercises

For replication studies, see The Replication Lab