Cyclical underemployment: Causes and consequences of inequality

Project Summary:

This project links traditional macroeconomic models with labor models, specifically through the incorporation of the job ladder. The goal is lofty: to construct a comprehensive measure of underemployment and integrate it into commonly-used economic models, thereby providing evidence about the effects of underemployment on labor market functionality over the business cycle and on inequality more broadly. We view this project as a significant academic contribution with immediate policy relevance given the emerging debates over appropriate responses to the next recession.


John Coglianese is a Ph.D. candidate in the Political Economy and Government program at Harvard University. His research focuses on the intersection of macroeconomics, labor economics, and public finance. He has worked as a staff economist at the Council of Economic Advisors at the White House, and he graduated magna cum laude with a double major in Mathematics and Economics from the University of Pennsylvania.