Welcome to my website! I am a postdoctoral researcher in economics at Purdue University. My research focuses on Urban/Spatial Economics, International Trade, and Applied Microeconomics. My current projects use structural models and reduced-form methods to explore topics related to working from home, executive compensation, and electric vehicle subsidies.

Working Papers

Productivity Externalities of Working from Home: Welfare and Policy Implications [PDF]
I study the socially optimal mix of onsite work and remote work. I develop a model in which workers choose how much to work onsite versus from home, without internalizing the productivity spillovers that occur within and between onsite and remote workers. I measure these spillovers using post-pandemic U.S. survey data at the city-sector-work mode level. Matching the model to these data, I find that a social planner could, on average, improve social welfare by encouraging more onsite workers but encouraging hybrid workers to spend more time working from home. Remote productivity spillovers lower the cost of achieving the social optimum.

Using Global Shocks to Understand the Level and Structure of Executive Compensation（with David Hummels, and Jakob R. Munch） [PDF] [CEPR VoxEU]
We build a model of CEO compensation in which trade shocks interact with CEO effort. The model predicts that trade shocks change CEO compensation through scale, volatility, and ability-magnification channels. Using Danish matched worker-firm data, we find empirical support for these channels: (1) Exogenous shocks to trade increase the size and value of the firm and CEO compensation; (2) the share of firm value paid to the CEO is increasing in the size and value of the firm and increasing in the volatility induced by global shocks; (3) Higher-ability CEOs generate increases in firm value that are more than 100 times greater than their compensation, through a combination of mitigating losses and maximizing the return to positive shocks.

Work in Progress

Why Are Coaches Paid More Than Presidents? A View from Executive Compensation Theory (with David Hummels and Zachary Knepper)

Optimal Subsidy for Electric Vehicle in California (with Weihua Zhao)