Unusual Machines appoints Ernst & Young as auditor and amends bylaws
Unusual Machines appoints Ernst & Young as auditor and amends bylaws
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The Labor Market Effects of Expanding Overtime Coverage
I am extremely grateful to David S. Lee for his tremendous guidance and support on this project. I thank Alexandre Mas, Henry Farber, Felix Koenig, and the participants at the Industrial Relations Section labor seminar for their many helpful comments and suggestions. I also benefited from feedback by Stephen Trejo, Rob Metcalfe, and the audiences…
SpaceX at $3 Trillion? Investors Have Lost the Plot
US stock valuations are approaching levels last seen during the dot-com bubble. Investors argue this time is different because of AI. But that is exactly what investors said about the internet in 1999. Nothing illustrates today’s optimism better than the SpaceX IPO.At launch SpaceX was valuing itself at $2 trillion. This means a valuation of …
In Sickness and in Health: Retirement Responses to Spousal Health Shocks — by Hyeran Chung, Haena Lee, Sita Slavov
Health shocks are a major driver of retirement. However, the existing literature on this topic tends not to consider the marital context in which retirements occur. Using the 1992-2022 Health and Retirement Study and staggered difference-in-differences methods, we investigate how spousal health shocks impact retirement transitions. We also investigate whether these effects differ by gender…
Reconstructing a Century of U.S. Corporate Bonds: Credit Risk in Historical Perspective
Elements of this paper previously circulated as part of an earlier version of “Pricing of Corporate Bonds: Evidence From a Century-Long Cross-Section.” We thank Hengjie Ai, Andrew Atkeson, Ravi Bansal, Frederico Belo, Nina Boyarchenko, Francesca Carapella, Jaewon Choi, Alexander Dickerson, Hitesh Doshi, Jintao Du, Bjørn Eraker, Chuck Fang, Darrell Duffie, Joao Gomes, Kris Jacobs, Kai…
