New research by assistant professor Joseph Mullins looks at how family laws that govern divorce, custody and child support mold the future of children, in their youth and adulthood.

Wages and expenditures increased substantially for the average household during the past two decades. At the same time, these gains were not distributed equally across households. Loukas Karabarbounis and Job Boerma develop a framework to account for divergent trends in the labor market.

For nearly three generations, the United States and scores of other nations have prospered through trade governed by international rules. But in the last couple of years, University of Minnesota economist Tim Kehoe has watched with alarm as global trade pacts have come under attack by the Trump Administration. In a recent interview, Kehoe outlined the risks of a new era of America First trade policies.

V. V. Chari, Juan Pablo Nicolini, and Pedro Teles revisit the question of how capital should be taxed.