Parenting decisions are among the most consequential choices that people make
throughout their lives. Starting with the work of pioneers such as Gary Becker, economists …

What are the effects of school closures during the Covid-19 pandemic on children's
education? Online education is an imperfect substitute for in-person learning, particularly for …

I argue that the winners and losers from trade are decided primarily by occupation. In
addition to fixed adjustment costs, workers build up specific human capital over time that is …

Since the'80s the US has experienced not only a steady increase in income inequality, but
also a contemporaneous increase in residential segregation by income. Using US Census …

As children reach adolescence, peer interactions become increasingly central to their
development, whereas the direct influence of parents wanes. Nevertheless, parents may …

We argue that incomplete markets and income risk explain a large fraction of moving rates,
especially for low-wealth individuals. We reach this conclusion by developing a quantitative …

This paper analyzes the role of higher education in shaping income inequality and
intergenerational mobility. I introduce a model where overlapping generations of …

Economic growth has varied tremendously across regions of the United States over the past
several decades. In this paper, I develop a dynamic quantitative spatial model to study the …

While rising house prices benefit existing homeowners, we document a new channel
through which price shocks have intergenerational wealth effects. Using panel data from …

In China, domestic migrant children are often excluded from public schools due to policy
restrictions. This induces some migrant workers to leave their children behind in their …