Annual Conference

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Labour Economics

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May 2026

Employing Undocumented Workers: Immigration Enforcement Impacts on Small Businesses And The Role of Bank Monitoring

Christine Zhuowei HUANG, Amit KUMAR, Jiajie XU
The staggered rollout of the Secure Communities program, a shock to undocumented labor, raised per-firm wages and (formal) employment, alongside firm closures in sectors more reliant on undocumented workers, as well as the overall unemployment rate. These reflect firms substituting undocumented work...
Keywords: Immigration Enforcement, Small Businesses, Undocumented Labor, Deputization Effect of Banks
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Annual Conference

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Labour Economics

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May 2026

The Ripple Effects of Rising Loan Costs: Major and Occupation Choices, Earnings, and Job Satisfaction

Naijia GUO, Ling ZHONG
This paper analyzes the impact of federal loan interest rates on college financing, education, and labor market outcomes using micro-data from the National Survey of College Graduates. Students from regions with a higher share of private university enrollment face higher tuition costs and rely more ...
Keywords: federal student loans, interest rates, education outcomes, labor market outcomes, college financing costs
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Annual Conference

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Labour Economics

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May 2026

Maternity Leave Extensions and Gender Gaps: Evidence from an Online Job Platform

Hanming FANG, Jiayin HU, Miao YU
We investigate the unintended consequences of maternity leave extension on gender gaps in the labor market. Using millions of job applications on an online job platform and the staggered extension of maternity leave across Chinese provinces, we find that an average increase (22%) in the length of pa...
Keywords: Maternity Leave, Gender Gaps, Callback Rates, Search Durations
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Annual Conference

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Labour Economics

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May 2026

Who Gets Screened Out? The Opioid Crisis and Employer Skill Requirements

Bokyung KIM, Minseog KIM, Geunyong PARK
While growing evidence suggests that the opioid crisis has reduced employment levels, little is known about how the crisis has affected job skill requirements—tools that employers use to screen job candidates. Using data on the near universe of US job vacancies, this paper studies the impact of th...
Keywords: opioid crisis, labor demand, screening, online job postings
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Annual Conference

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Sustainable and Green Finance

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May 2026

Environmental-Unfriendly Tax Avoidance

Zhimin CHEN, Martin JACOB, Xiang ZHENG
This paper examines how firms use carbon allowances to reduce corporate tax burdens by routing allowance transactions through internal trading hubs in low-tax jurisdictions and by exploiting fluctuations in carbon prices. Using a dataset that captures the universe of carbon-allowance transactions in...
Keywords: Carbon Allowances, Corporate Tax Avoidance, Cap-and-Trade Systems
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