We show that intergenerational mobility changed rapidly by race and class in recent decades in the U.S. and study the causal mechanisms underlying those changes. Between the 1978 and 1992 birth ...

The artificial intelligence and robotics being developed by multi-billionaires will allow corporate America to wipe out tens of millions of decent-paying jobs, cut labor costs and boost profits. What ...

This paper estimates that the macroeconomic damages from climate change are an order of magnitude larger than previously thought. Exploiting natural global temperature variability, we find that 1°C ...