Areas of Expertise
- Labor Economics
- Household Finance
- Higher Education
Professor Herbst’s research lies in the fields of labor economics, higher education, and consumer finance. Most recently, his work explores the effects of federal income-driven repayment programs, the optimal design of student loan contracts, and market failures in human capital financing.
"Peer effects on worker output in the laboratory generalize to the field" (with Alexandre Mas), 2015. Science 350:54.