Recent estimates are that about 150 million children under five years of age are stunted, with substantial negative consequences for their schooling, cognitive skills, health, and economic productivity.
A growing literature reports significant socio-economic gaps in investments in the human capital of young children.
We study the role of wealth in the marriage contract by developing a model of the household where investments in public goods can be made at the cost of future earnings.
The economic analysis of the "market for marriage" has a long tradition. Two more recent developments have made it the focus of renewed interest: new models of household behavior, and a class of tractable specifications for econometric work.
We examine the impact of the global recession triggered by the Covid-19 pandemic on women’s versus men’s employment.
Many American policy analysts point to Denmark as a model welfare state with low levels of income inequality and high levels of income mobility across generations. It has in place many social policies now advocated for adoption in the U.S.