Tag Archives: Jae Song

Debt Relief and Debtor Outcomes: Measuring the Effects of Consumer Bankruptcy Protection

From Will Dobbie and Jae Song: Consumer bankruptcy is one of the largest social insurance programs in the United States, but little is known about its impact on debtors. We use 500,000 bankruptcy filings matched to administrative tax and foreclosure … Continue reading

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How Risky Are Recessions for Top Earners?

From Fatih Guvenen, Greg Kaplan and Jae Song: Our findings suggest large differences across sectors in the cyclicality of earnings growth. While average earnings growth (across workers in all sectors) is very similar for individuals in the top 1 percent compared … Continue reading

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Macroeconomic Determinants of Retirement Timing

From Yuriy Gorodnichenko, Jae Song, and Dmitriy Stolyarov: We analyze lifetime earnings histories of white males during 1960-2010 and categorize the labor force status of every worker as either working full-time, partially retired or fully retired. We find that the fraction of … Continue reading

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On Disability Insurance and Labor Force Participation

There’s some disagreement in the literature on the effects of disability insurance on labor force participation that I thought I’d post about given this recent NPR Unfit for Work feature. Till von Wachter, Jae Song, and Joyce Manchester have a nice paper that uses … Continue reading

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