Abstract
This thesis contains three essays on innovation, productivity, and talent allocation. In Chapter 1, I use data on MIT bachelor’s graduates from 1980 to 2005 to study how short-term variations in economic conditions at the time of college graduation impact individuals’ long-term patent production. Chapter 2 examines the characteristics of financiers and the impact of the 2008 financial crisis on selection into finance, using data on MIT bachelor’s graduates from 2006 to 2010. Chapter 3 discusses the asset accumulation patterns of the Social Security Disability Insurance applicants and the implications on their labor force participation decisions.
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