This paper first documents trends in employment rates and then reviews what is known
about the various factors that have been proposed to explain the decline in the overall …

The COVID-19 pandemic has resulted in the sharpest global economic downturn since the
Great Depression. Figure 1 displays deviations from long-term trends in gross domestic …

The economic downturn caused by the current COVID-19 outbreak has substantial
implications for gender equality, both during the downturn and the subsequent recovery …

The winners of the Nobel Prize show how economics, when done right, can help us solve
the thorniest social and political problems of our day. Figuring out how to deal with today's …

We build on and extend the findings in Case and Deaton (2015) on increases in mortality
and morbidity among white non-Hispanic Americans in midlife since the turn of the century …

The economic convergence of American regions has greatly slowed, and rates of long-term
nonemployment have even been diverging. Simultaneously, the rate of non-employment for …

The introduction of artificial intelligence (AI) is the continuation of a long process of
automation. Advances in mechanization in the late nineteenth and early twentieth centuries …

The US labor force participation rate has declined since 2007, primarily because of
population aging and ongoing trends that preceded the Great Recession. The labor force …

We exploit the gender-specific components of large-scale labor demand shocks stemming
from rising international manufacturing competition to test how shifts in the relative economic …

Shortlisted for the Financial Times/McKinsey Business Book of the Year Award From one of
the most important economic thinkers of our time, a brilliant and far-seeing analysis of the …