The shock of the COVID‐19 pandemic affected the human capital formation of children and youths. As a consequence of this disruption, the pandemic is likely to imply permanent lower levels of human capital. This paper provides new evidence on the impact of COVID‐19 and school closures on...

We show that measures of inequality of opportunity (IOP) fully consistent with the IOP theory of Roemer (1998) can be straightforwardly estimated by adopting a machine learning approach, and apply our method to analyze the development of IOP in Germany during the past three decades. Hereby, we...

This paper provides evidence on growth and income poverty in Latin America and the Caribbean (LAC). Results are obtained by processing microdata from household surveys of 18 LAC countries covering the 1990s and early 2000s. Over this period the LAC economies experienced heterogeneous patterns of...