Artificial intelligence (AI) has a huge impact on economic development, while the literature focuses on the effect of AI on employment, and little is known about the impact of AI on intergenerational occupational mobility. Using a large, representative survey of individual-level data from the...

We show how intergenerational mobility has evolved over time in Sweden and the United States since 1985, focusing on prime-age labor incomes of both men and women. Income persistence involving women (daughters and/or mothers) has risen substantially over recent decades in both Sweden and the US,...

The reduction of homeownership rates among younger households in various significant advanced economies has become a subject of growing concern. This present analysis aims to elucidate the underlying factors behind this trend, demonstrating that amplified levels of labor income inequality and...

With the present multigenerational labor force, organizations can't work with a one-size-fits-all approach. Innovation, the economy, training systems, and growth styles influence how employees learn and work. By expecting all younger-age employees – Generation Y and Generation Z – to show...

We study the impact of the Fridays for Future climate protest movement in Germany on citizen political behavior and explore possible mechanisms. Throughout 2019, large crowds of young protesters, the majority of whom were under voting age, skipped school to demand immediate and far-reaching...

This paper studies whether individuals that experienced parental unemployment during their childhood/early adolescence have poorer health once they reach the adulthood. We used data from the German Socio-Economic Panel from 2002 until 2018. Our identification strategy of the causal effect of...

Using COVID-19 as a sudden negative mobility shock in consumption accessibility, we show that the ability to shift to online consumption as an alternative to physical visits to brick-and-mortar stores disproportionately benefits younger people. Employing credit card transaction data linked to...

Sustaining future generations requires cooperation today. While individuals’ selfish interests threaten to undermine cooperation, social institutions can foster cooperation in intergenerational situations without ambiguity. However, in numerous settings, from climate change to the biodiversity...

Using COVID-19 as a sudden negative mobility shock in consumption accessibility, we show that the ability to shift to online consumption as an alternative to physical visits to brick-and-mortar stores disproportionately benefits younger people. Employing credit card transaction data linked to...

This paper studies the intergenerational effects on human capital accumulation and inequality. I build a general equilibrium model with heterogeneous agents and intergenerational links. The results show that the bequeathed initial wealth, rather than the ability of acquiring human capital, is...