This volume is a compilation of essays by prominent economists in the area of household and family economics. The volume attempts to cover some areas in the field and focuses on topics such as income determination and the intergenerational transmission of income generation, the changing role of...

This paper examines the wealth mobility of a panel of mature American men between 1966 and 1981. Although greater persistence exists than within the income distribution, a sizeable degree of movement within the wealth distribution is observed. Slightly more than half of the households changed...

We make the distinction between bequests that are planned as part of some lifetime optimization stemming from a bequest motive, and those that are unplanned and result when the date of death differs from what the consumer might forecast. Lifetime optimization should lead to a negative effect or...

Many academic institutions pursue mission-related activities that are unprofitable and engage in profitable revenue raising activities to finance them. This book presents research on schools’ revenue sources from tuition, donations, research, patents, endowments, and other activities. It...