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CHICAGO - University of Chicago Department of Economics

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Aspen Gorry<br />

1530 East 59 th Street • <strong>Chicago</strong>, IL 60637<br />

aspen@uchicago.edu • http://home.uchicago.edu/~aspen • Phone: (602) 885-8856<br />

EDUCATION Ph.D. <strong>Economics</strong>, <strong>University</strong> <strong>of</strong> <strong>Chicago</strong> (Expected) 2009<br />

M.A. <strong>Economics</strong>, <strong>University</strong> <strong>of</strong> <strong>Chicago</strong> 2006<br />

B.S. <strong>Economics</strong> and B.S. Mathematics, Arizona State <strong>University</strong>, Summa Cum Laude 2004<br />

FIELDS<br />

Primary: Macroeconomics / Money and Banking<br />

Secondary: Economic Growth, International Trade, Public Finance, Labor / Human Capital<br />

JOB MARKET “Experience and Labor Market Flows” 2008<br />

PAPER<br />

This paper presents a model <strong>of</strong> learning where labor market experience provides information<br />

about the quality <strong>of</strong> future job matches. While previous models <strong>of</strong> learning focus on the effects<br />

<strong>of</strong> workers' productivity while employed, learning is also important to understand workers'<br />

search behavior while unemployed. When past experience provides a signal about job quality,<br />

the model can explain the decline in both job finding and separation rates found in the data.<br />

Models without learning cannot account for any decline in finding rates. Beyond accounting<br />

for labor market flows, the model gives predictions that are consistent with observed empirical<br />

wage distributions. Finally, I evaluate the effects <strong>of</strong> minimum wages on labor outcomes and<br />

find that the endogenous decline in job finding rates is essential to understand high<br />

unemployment rates for young workers subjected to minimum wages.<br />

WORKING “Labor Market Connections, Minimum Wages, and Youth Employment” 2008<br />

PAPERS “Optimal Taxation over the Life Cycle” (with Ezra Oberfield) 2008<br />

TEACHING Teaching Assistant, Theory <strong>of</strong> Income III (graduate), Robert Shimer, <strong>University</strong> <strong>of</strong> <strong>Chicago</strong> 2007<br />

EXPERIENCE Teaching Assistant, Theory <strong>of</strong> Income II (graduate), Thomas Sargent, <strong>University</strong> <strong>of</strong> <strong>Chicago</strong> 2007<br />

Teaching Assistant, Theory <strong>of</strong> Income I (graduate), Fernando Alvarez, <strong>University</strong> <strong>of</strong> <strong>Chicago</strong> 2006<br />

Teaching Assistant, Theory <strong>of</strong> Income III (graduate), Robert Shimer, <strong>University</strong> <strong>of</strong> <strong>Chicago</strong> 2006<br />

Teaching Assistant, Theory <strong>of</strong> Income II (graduate), Nancy Stokey, <strong>University</strong> <strong>of</strong> <strong>Chicago</strong> 2006<br />

Supplemental Instruction Leader (undergraduate), Macroeconomics, Arizona State <strong>University</strong> 2002<br />

Teaching Assistant, Various Courses (undergraduate), Arizona State <strong>University</strong> 2001-2003<br />

RESEARCH Research Assistant, Marco Bassetto, Federal Reserve Bank <strong>of</strong> <strong>Chicago</strong> and NBER 2007-2008<br />

EXPERIENCE Research Assistant, Robert Shimer, <strong>University</strong> <strong>of</strong> <strong>Chicago</strong> 2004-2005<br />

Research Assistant, Richard Rogerson, Arizona State <strong>University</strong> 2003-2004<br />

PRESENTATIONS Society for Economic Dynamics Annual Meeting, Cambridge, MA 2008<br />

North American Summer Meeting <strong>of</strong> the Econometric Society, Carnegie Mellon <strong>University</strong> 2008<br />

Money and Banking Workshop, <strong>University</strong> <strong>of</strong> <strong>Chicago</strong> 2008<br />

Capital Theory Working Group, <strong>University</strong> <strong>of</strong> <strong>Chicago</strong> 2007 & 2008<br />

AWARDS & Esther and T.W. Schultz Endowment Fund Dissertation Fellowship, <strong>University</strong> <strong>of</strong> <strong>Chicago</strong> 2008-2009<br />

FELLOWSHIPS Martin and Margaret Lee Prize in <strong>Economics</strong>, Price Theory Core Exam, <strong>University</strong> <strong>of</strong> <strong>Chicago</strong> 2005<br />

Martin and Margaret Lee Prize in <strong>Economics</strong>, Macro Core Exam, <strong>University</strong> <strong>of</strong> <strong>Chicago</strong> 2005<br />

National Science Foundation Graduate Research Fellowship 2004-2007<br />

Century Fellowship, <strong>Department</strong> <strong>of</strong> <strong>Economics</strong>, <strong>University</strong> <strong>of</strong> <strong>Chicago</strong> 2004-2008<br />

Omicron Delta Epsilon Award, Outstanding Graduating <strong>Economics</strong> Major, Arizona State <strong>University</strong> 2004<br />

Phi Beta Kappa 2004<br />

Rondthaler Prize for Outstanding Junior Major in <strong>Economics</strong>, Arizona State <strong>University</strong> 2002<br />

REFEREE<br />

Journal <strong>of</strong> Political Economy<br />

REFERENCES Robert Shimer (Chair) (773) 702-9015 shimer@uchicago.edu<br />

Fernando Alvarez (773) 702-4412 f-alvarez1@uchicago.edu<br />

Derek Neal (773) 702-8166 d-neal@uchicago.edu<br />

Nancy Stokey (773) 702-0915 nstokey@uchicago.edu

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