{"id":"https://openalex.org/W4414091808","doi":"https://doi.org/10.1287/mnsc.2023.04047","title":"The Labor Market Consequences of Student Loan Forbearance","display_name":"The Labor Market Consequences of Student Loan Forbearance","publication_year":2025,"publication_date":"2025-09-10","ids":{"openalex":"https://openalex.org/W4414091808","doi":"https://doi.org/10.1287/mnsc.2023.04047"},"language":"en","primary_location":{"id":"doi:10.1287/mnsc.2023.04047","is_oa":false,"landing_page_url":"https://doi.org/10.1287/mnsc.2023.04047","pdf_url":null,"source":{"id":"https://openalex.org/S33323087","display_name":"Management Science","issn_l":"0025-1909","issn":["0025-1909","1526-5501"],"is_oa":false,"is_in_doaj":false,"is_core":true,"host_organization":"https://openalex.org/P4310315699","host_organization_name":"Institute for Operations Research and the Management Sciences","host_organization_lineage":["https://openalex.org/P4310315699"],"host_organization_lineage_names":["Institute for Operations Research and the Management Sciences"],"type":"journal"},"license":null,"license_id":null,"version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"Management Science","raw_type":"journal-article"},"type":"article","indexed_in":["crossref"],"open_access":{"is_oa":false,"oa_status":"closed","oa_url":null,"any_repository_has_fulltext":false},"authorships":[{"author_position":"first","author":{"id":"https://openalex.org/A5053475224","display_name":"Naser Hamdi","orcid":null},"institutions":[{"id":"https://openalex.org/I1306727919","display_name":"Georgia Department of Natural Resources","ror":"https://ror.org/01gbba190","country_code":"US","type":"government","lineage":["https://openalex.org/I1306727919"]}],"countries":["US"],"is_corresponding":true,"raw_author_name":"Naser Hamdi","raw_affiliation_strings":["Equifax Inc., Atlanta, Georgia 30309"],"affiliations":[{"raw_affiliation_string":"Equifax Inc., Atlanta, Georgia 30309","institution_ids":["https://openalex.org/I1306727919"]}]},{"author_position":"middle","author":{"id":"https://openalex.org/A5008052503","display_name":"Ankit Kalda","orcid":null},"institutions":[{"id":"https://openalex.org/I4210119109","display_name":"Indiana University Bloomington","ror":"https://ror.org/02k40bc56","country_code":"US","type":"education","lineage":["https://openalex.org/I4210119109","https://openalex.org/I592451"]}],"countries":["US"],"is_corresponding":false,"raw_author_name":"Ankit Kalda","raw_affiliation_strings":["Kelley School of Business, Indiana University, Bloomington, Indiana 47405"],"affiliations":[{"raw_affiliation_string":"Kelley School of Business, Indiana University, Bloomington, Indiana 47405","institution_ids":["https://openalex.org/I4210119109"]}]},{"author_position":"last","author":{"id":"https://openalex.org/A5055699257","display_name":"David Sovich","orcid":"https://orcid.org/0009-0005-5155-8228"},"institutions":[{"id":"https://openalex.org/I143302722","display_name":"University of Kentucky","ror":"https://ror.org/02k3smh20","country_code":"US","type":"education","lineage":["https://openalex.org/I143302722"]}],"countries":["US"],"is_corresponding":false,"raw_author_name":"David Sovich","raw_affiliation_strings":["Gatton College of Business and Economics, University of Kentucky, Lexington, Kentucky 40506"],"affiliations":[{"raw_affiliation_string":"Gatton College of Business and Economics, University of Kentucky, Lexington, Kentucky 40506","institution_ids":["https://openalex.org/I143302722"]}]}],"institutions":[],"countries_distinct_count":1,"institutions_distinct_count":3,"corresponding_author_ids":["https://openalex.org/A5053475224"],"corresponding_institution_ids":["https://openalex.org/I1306727919"],"apc_list":null,"apc_paid":null,"fwci":0.0,"has_fulltext":false,"cited_by_count":0,"citation_normalized_percentile":{"value":0.3663805,"is_in_top_1_percent":false,"is_in_top_10_percent":false},"cited_by_percentile_year":null,"biblio":{"volume":"71","issue":"11","first_page":"9856","last_page":"9865"},"is_retracted":false,"is_paratext":false,"is_xpac":false,"primary_topic":{"id":"https://openalex.org/T10517","display_name":"Financial Literacy, Pension, Retirement Analysis","score":0.9957000017166138,"subfield":{"id":"https://openalex.org/subfields/1402","display_name":"Accounting"},"field":{"id":"https://openalex.org/fields/14","display_name":"Business, Management and Accounting"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},"topics":[{"id":"https://openalex.org/T10517","display_name":"Financial Literacy, Pension, Retirement Analysis","score":0.9957000017166138,"subfield":{"id":"https://openalex.org/subfields/1402","display_name":"Accounting"},"field":{"id":"https://openalex.org/fields/14","display_name":"Business, Management and Accounting"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T10632","display_name":"Housing Market and Economics","score":0.949400007724762,"subfield":{"id":"https://openalex.org/subfields/2002","display_name":"Economics and Econometrics"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T10208","display_name":"Labor market dynamics and wage inequality","score":0.9197999835014343,"subfield":{"id":"https://openalex.org/subfields/2002","display_name":"Economics and Econometrics"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}}],"keywords":[{"id":"https://openalex.org/keywords/forbearance","display_name":"Forbearance","score":0.992900013923645},{"id":"https://openalex.org/keywords/payroll","display_name":"Payroll","score":0.7897999882698059},{"id":"https://openalex.org/keywords/unemployment","display_name":"Unemployment","score":0.6607999801635742},{"id":"https://openalex.org/keywords/payment","display_name":"Payment","score":0.640500009059906},{"id":"https://openalex.org/keywords/loan","display_name":"Loan","score":0.5713000297546387}],"concepts":[{"id":"https://openalex.org/C120397944","wikidata":"https://www.wikidata.org/wiki/Q3043314","display_name":"Forbearance","level":2,"score":0.992900013923645},{"id":"https://openalex.org/C2778873167","wikidata":"https://www.wikidata.org/wiki/Q59434791","display_name":"Payroll","level":2,"score":0.7897999882698059},{"id":"https://openalex.org/C2778126366","wikidata":"https://www.wikidata.org/wiki/Q41171","display_name":"Unemployment","level":2,"score":0.6607999801635742},{"id":"https://openalex.org/C145097563","wikidata":"https://www.wikidata.org/wiki/Q1148747","display_name":"Payment","level":2,"score":0.640500009059906},{"id":"https://openalex.org/C2777764128","wikidata":"https://www.wikidata.org/wiki/Q189539","display_name":"Loan","level":2,"score":0.5713000297546387},{"id":"https://openalex.org/C144133560","wikidata":"https://www.wikidata.org/wiki/Q4830453","display_name":"Business","level":0,"score":0.5406000018119812},{"id":"https://openalex.org/C145236788","wikidata":"https://www.wikidata.org/wiki/Q28161","display_name":"Labour economics","level":1,"score":0.5040000081062317},{"id":"https://openalex.org/C2777227597","wikidata":"https://www.wikidata.org/wiki/Q462058","display_name":"Student loan","level":3,"score":0.426800012588501},{"id":"https://openalex.org/C162324750","wikidata":"https://www.wikidata.org/wiki/Q8134","display_name":"Economics","level":0,"score":0.3921999931335449},{"id":"https://openalex.org/C138090074","wikidata":"https://www.wikidata.org/wiki/Q572079","display_name":"Ceteris paribus","level":2,"score":0.3312999904155731},{"id":"https://openalex.org/C162118730","wikidata":"https://www.wikidata.org/wiki/Q1128453","display_name":"Actuarial science","level":1,"score":0.30869999527931213},{"id":"https://openalex.org/C556758197","wikidata":"https://www.wikidata.org/wiki/Q580018","display_name":"Monetary economics","level":1,"score":0.2892000079154968},{"id":"https://openalex.org/C73283319","wikidata":"https://www.wikidata.org/wiki/Q1416617","display_name":"Financial system","level":1,"score":0.28859999775886536},{"id":"https://openalex.org/C2229670","wikidata":"https://www.wikidata.org/wiki/Q13542675","display_name":"Participation loan","level":4,"score":0.25220000743865967}],"mesh":[],"locations_count":1,"locations":[{"id":"doi:10.1287/mnsc.2023.04047","is_oa":false,"landing_page_url":"https://doi.org/10.1287/mnsc.2023.04047","pdf_url":null,"source":{"id":"https://openalex.org/S33323087","display_name":"Management Science","issn_l":"0025-1909","issn":["0025-1909","1526-5501"],"is_oa":false,"is_in_doaj":false,"is_core":true,"host_organization":"https://openalex.org/P4310315699","host_organization_name":"Institute for Operations Research and the Management Sciences","host_organization_lineage":["https://openalex.org/P4310315699"],"host_organization_lineage_names":["Institute for Operations Research and the Management Sciences"],"type":"journal"},"license":null,"license_id":null,"version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"Management Science","raw_type":"journal-article"}],"best_oa_location":null,"sustainable_development_goals":[],"awards":[],"funders":[],"has_content":{"grobid_xml":false,"pdf":false},"content_urls":null,"referenced_works_count":10,"referenced_works":["https://openalex.org/W2124855757","https://openalex.org/W2797409764","https://openalex.org/W3122909464","https://openalex.org/W3123375204","https://openalex.org/W3124440178","https://openalex.org/W3124660956","https://openalex.org/W4293870268","https://openalex.org/W4389491173","https://openalex.org/W4399215235","https://openalex.org/W4401254731"],"related_works":["https://openalex.org/W4391375266","https://openalex.org/W3125786010","https://openalex.org/W1997332975","https://openalex.org/W3121795058","https://openalex.org/W2037554857","https://openalex.org/W2349093415","https://openalex.org/W4378229386","https://openalex.org/W4281724614","https://openalex.org/W2394284211","https://openalex.org/W2358639692"],"abstract_inverted_index":{"We":[0,36,64],"examine":[1],"the":[2,16,30,67],"effects":[3,78,93],"of":[4],"student":[5,19,34],"loan":[6,20],"forbearance":[7,27,54],"on":[8,32,39,79],"job":[9,80],"search":[10,81],"outcomes.":[11],"Our":[12],"experimental":[13],"setting":[14],"is":[15],"2020":[17],"federal":[18],"moratorium":[21],"that":[22,66],"provided":[23],"some":[24],"borrowers":[25,51,57],"with":[26],"by":[28,106],"pausing":[29],"payments":[31],"their":[33],"loans.":[35],"use":[37],"data":[38,116],"unemployment":[40],"insurance":[41],"claims,":[42],"payroll":[43],"records,":[44],"and":[45,115],"credit":[46],"histories":[47],"to":[48,55,60],"compare":[49],"unemployed":[50,56],"who":[52,58],"received":[53],"had":[59],"continue":[61],"making":[62],"payments.":[63],"find":[65,88],"payment":[68],"pause":[69],"did":[70],"not":[71],"have":[72],"any":[73],"economically":[74],"or":[75,83,98],"statistically":[76],"significant":[77],"durations":[82],"subsequent":[84],"incomes.":[85],"Further,":[86],"we":[87],"no":[89],"heterogeneity":[90],"in":[91],"these":[92],"across":[94],"borrowers\u2019":[95],"financial,":[96],"demographic,":[97],"labor":[99],"market":[100],"characteristics.":[101],"This":[102],"paper":[103],"was":[104],"accepted":[105],"Camelia":[107],"Kuhnen,":[108],"finance.":[109],"Supplemental":[110],"Material:":[111],"The":[112],"internet":[113],"appendix":[114],"files":[117],"are":[118],"available":[119],"at":[120],"https://doi.org/10.1287/mnsc.2023.04047":[121],".":[122]},"counts_by_year":[],"updated_date":"2026-03-07T16:01:11.037858","created_date":"2025-10-10T00:00:00"}