The US is often hailed as the land of opportunity, a society in which a child's chances of success depend little on her family background. Is this reputation warranted?
Where is the land of opportunity? Intergenerational mobility in the US
Raj Chetty, Nathaniel Hendren, Patrick Kline, Emmanuel Saez, 4 February 2014
Segregation and the quality of government
Alberto Alesina, Ekaterina Zhuravskaya, 15 September 2008
Racial, ethnic, and religious tensions are common around the world. Some states collapse under their weight; in less extreme cases, states’ functions are negatively affected. Economists have recognised the importance of this factor in explaining poor economic policymaking, low quality of government, and delays in development.
Guess who’s your co-author today? Economic models of sorting and segregation
Antonio Cabrales, Yves Zenou, 26 March 2008
One of the (many) reasons why the Nobel laureate Thomas Schelling became famous was his analysis of sorting and segregation. He showed that differences in tastes about the kinds of people with whom one wanted to interact would lead to intensely segregated social environments.
- A tale of two depressions: What do the new data tell us? February 2010 updateEichengreen, O’Rourke
- Educated in America: College graduates and high school dropoutsHeckman, LaFontaine
- Eurozone breakup would trigger the mother of all financial crisesEichengreen
- Panic-driven austerity in the Eurozone and its implicationsDe Grauwe, Ji
- Debt, deleveraging, and the liquidity trap: A new modelKrugman