In 1999, John Abowd, Francis Kramarz, and David Margolis published "High Wage Workers and High Wage Firms." Their model and econometric techniques were pioneering in the analysis of labor markets, and many other markets with high-dimensional interactions between two sides. The conference will celebrate the continuing influence of the AKM (1999) model and its foundational role in the analysis of labor markets using linked employer-employee data. The goal of the conference is to highlight the range of new questions for which the AKM decomposition provides an effective way to understand data. The conference will also focus attention on key econometric and modeling issues that are common to applications of AKM. The conference will be organized in sequential, themed, sessions over the span of two days. There will be both invited and submitted sessions, a keynote address, and an organized dinner. The Journal of Econometrics will publish a special issue of selected papers from the conference.
David Card (Berkeley), Ian Schmutte (University of Georgia), Lars Vilhuber (Cornell University)