We show that intergenerational mobility changed rapidly by race and class in recent decades and use these trends to study the causal…
Manufacturing generates very little employment in the developing world. Urban jobs are predominantly informal, unproductive, and in…
This paper develops a novel method to identify the causal contribution of managers to team performance. The method requires repeated random…
Driven by the push to decarbonize the world and achieve net zero emissions by 2050, a new anti-elite revolt is in the making in developed…
We advance principles for the construction of a stable and broadly beneficial world order that does not require significant commonality in…
June 5, 2024, Paper: "Over the past decade, few ideas have been more influential in macroeconomic policy that the notion advanced economies…
Portland, Oregon recently passed Measure 26-228, which represents some of the most expansive voting reforms by a major American city in…
Beginning in 2021, state legislators introduced or passed numerous bills intended to shape appropriate content in K–12 social studies…
Economic development is a path-dependent process in which countries accumulate capabilities that allow them to move into more complex…
We study sovereign external debt crises over the past 200 years, with a focus on creditor losses, or “haircuts”. Our sample covers 327…