We use an overlapping generations model to investigate the role of parental health investment and children's schooling on the aggregate level of human capital and inequality. In our model, parental longevity affects children's human capital since it impacts human capital transmission. When poor...

This paper uses Census microdata linked with tax records to quantify the contribution of career choices - occupations and fields of study - to intergenerational income mobility. We document substantial segregation into occupations by parental income. Yet, the occupations children pursue explain...

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,...

Recent dramatic increases in generative Artificial Intelligence (AI), including language modeling and image generation, has led to many questions about the effect of these technologies on the economy. We use a recently developed methodology to systematically assess which occupations are most...

The standard measures of intergenerational mobility in economic literature do not account for risk. The estimates of relative and absolute mobility are usually based on the conditional mean function for children's life outcomes given parent's economic status. The existing literature largely...

This article presents a novel explanation why demand for redistribution on average does not respond to information on low intergenerational mobility. Building on insights from behavioral economics, we expect that incentives to update perceptions of intergenerational mobility change along the...

This research presents a new metric known as "AI Augmentation," aimed at quantifying the influence of generative AI across diverse job roles, organizations, and sectors. The analysis defies prevailing expectations of job losses due to AI, instead demonstrating a reverse correlation between AI...

This article presents a novel explanation why demand for redistribution on average does not respond to information on low intergenerational mobility. Building on insights from behavioral economics, we expect that incentives to update perceptions of intergenerational mobility change along the...

The COVID-19 pandemic acted as an “accelerant” in many aspects of social life, in that it sped up existing social trends rather than fostering entirely new behaviors. This has been particularly evident in relation to technology use. We examine intergenerational technology guidance—how...

The experience of war and refugee status can alter intra-family dynamics and therefore have implications for family formation, including marriage. This study investigates marriage patterns among Syrian refugees in Turkey. Utilizing the nationally representative 2018 Turkey Demographic Health...