Theory Ahead of Measurement

TitleTheory Ahead of Measurement
Publication TypeJournal Article
Year of Publication2018
AuthorsBénabou R
JournalNBER Macroeconomics Annual
AbstractThis is a timely and ambitious paper on an important topic. The phenomenon of social sorting and its role in human capital transmission is one that every parent and homeowner has direct experience with. On the other hand, the economic research tying it to {$\backslash$textquotedblleft}larger{$\backslash$textquotedblright} issues of national inequality, intergenerational mobility, and even aggregate performance may not be immediately familiar to a broad macro audience. For this reason, and to bring out some deeper connections between different types of inequality-mobility mechanisms, I will\~\ldots