Claudia Macaluso

Senior Research Economist, Federal Reserve Bank of Richmond

I am an applied macroeconomist in the Research Department of the Federal Reserve Bank of Richmond, and a CESifo Research affiliate. I obtained my PhD in June 2017 at the University of Chicago.My research interests are labor market dynamics, skill mismatch, occupational and spatial mobility of workers, and human capital. I am especially focused on understanding how labor market conditions across time and space affect workers' choice sets and outside options. To this respect, I have studied how the local skill composition of jobs affects workers' recovery after layoff, whether the labor market is perfectly competitive, and how occupational skills in poorer countries compare with those in richer ones.I am currently working on estimating heterogeneity in the labor market and consumption experiences of workers of different races and incomes, the contribution of staffed job flows to aggregate labor market dynamics, and how workers trade off geographical proximity with skill mismatch during job search. In ongoing data collection projects in Bangladesh and Peru, I focus on measuring occupational skills, tasks, and tools that workers use on the job, and documenting employers' recruiting efforts and practices.