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NATIONAL BUREAU OF ECONOMIC RESEARCH
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The Changing (Dis-)Utility of Work

Greg Kaplan, Sam Schulhofer-Wohl

NBER Working Paper No. 24738
Issued in June 2018

---- Acknowledgments ----

We thank Enrico Moretti, Gordon Hanson, and Timothy Taylor for very helpful comments and Sharada Dharmasankar for excellent research assistance. The views expressed herein are those of the authors and not necessarily those of the Federal Reserve Bank of Chicago, the Federal Reserve System, or the National Bureau of Economic Research. This paper is preliminary and is in preparation for the Journal of Economic Perspectives.

---- Disclosure of Financial Relationships for Greg Kaplan ----

Disclosure Statement

Greg Kaplan

January 2018

Current primary appointment:

• Professor, Department of Economics and the College, University of Chicago

Current additional appointments

• Advisory Board Member, Opportunity and Inclusive Growth Institute, Federal Reserve Bank of Minneapolis

• Research Council, Becker Freidman Institute

• Advisory Board Member, NBER Macroeconomics Annual

• Consultant, Federal Reserve Bank of Chicago

• Research Associate, National Bureau of Economic Research

• International Research Fellow, Institute for Fiscal Studies

Previous additional appointments in last five years

• Visiting Professor, University of New South Wales

• Economic Advisor, Reserve Bank of Australia

• Editor, Review of Economic Dynamics

• Consultant, Federal Reserve Bank of Philadelphia

Organizations from which I have received cumulative amounts >= USD10,000 in last five years

• University of New South Wales

• Reserve Bank of Australia

• Federal Reserve Bank of Minneapolis

• Center for Monetary and Financial Studies (CEMFI)

• United States Soccer Federation

With reference to the paper “Microeconomic Heterogeneity and Macroeconomic Shocks”:

• I obtained no direct financial support for this research.

• I declare that no other party had the right to review this paper prior to circulation.

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