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Revised estimates of intergenerational income mobility in the United States

Mazumder, Bhashkar (contributor) - 2003 - [Elektronische Ressource]

"Solon's (1992) landmark study estimated the intergenerational elasticity (IGE) in income between fathers and sons to …

Persistent link: https://www.econbiz.de/10001920632

A financial services survey of low income households

Seidman, Ellen; Hababou, Moez; Kramer, Jennifer - Federal Reserve Bank of Chicago - 2005

In 2003 and 2004, MetroEdge conducted a survey of the financial behavior and attitudes of low- and moderate-income …

Persistent link: https://www.econbiz.de/10011026832

Choosing the right parents : changes in the intergenerational transmission of inequality - between 1980 and the early 1990s

Levine, David I. (contributor); … - 2002 - [Elektronische Ressource]

Persistent link: https://www.econbiz.de/10001697071

Distinguishing limited commitment from moral hazard in models of growth with inequality

Paulson, Anna Louise (contributor); … - 2003 - [Elektronische Ressource]

"We use non-parametric, reduced form and structural techniques to distin-guish the micro-economic foundations of two models of growth with increasing inequality using new data from rural and semi-urban households in Thailand. We estimate a limited commitment model that is similar to Evans and...

Persistent link: https://www.econbiz.de/10001914192

Earnings inequality and the business cycle

Barlevy, Gadi (contributor); Tsiddon, Daniel (contributor) - 2004 - [Elektronische Ressource]

"Economists have long viewed recessions as contributing to increasing inequality. However, this conclusion is largely based on data from a period in which inequality was increasing over time. This paper examines the connection between long-run trends and cyclical variation in earnings...

Persistent link: https://www.econbiz.de/10002049337

Who is unbanked, and why: results from a large, new survey of low- and moderate-income individuals

Vermilyea, Todd; Wilcox, James A. - Federal Reserve Bank of Chicago - 2002

This paper uses data from a new, large survey to estimate the demand for financial services of low-and-moderate income … particularly difficult (and likely very costly) for the very poor is consonant with our findings that those with less income …

Persistent link: https://www.econbiz.de/10010724149

Financial investment in the inner city a confluence of interest

Woodson, Robert L.; Sr. - Federal Reserve Bank of Chicago - 2001

Persistent link: https://www.econbiz.de/10010724553

Borrowing during unemployment: unsecured debt as a safety net

Sullivan, James X. - Federal Reserve Bank of Chicago - 2005

in unsecured debt has been particularly striking for low-income households. Some researchers have suggested that poor … these lost earning via other income sources, showing that consumption falls in response to these earnings shortfalls. I also … sufficient access to unsecured credit to help smooth consumption in response to transitory income shocks. …

Persistent link: https://www.econbiz.de/10010724635

Pay for percentile

Barlevy, Gadi; Neal, Derek - Federal Reserve Bank of Chicago - 2009

We propose an incentive pay scheme for educators that links educator compensation to the ranks of their students within appropriately defined comparison sets, and we show that under certain conditions our scheme induces teachers to allocate socially optimal levels of effort to all students....

Persistent link: https://www.econbiz.de/10008636092

Paying for performance: the education impacts of a community college scholarship program for low-income adults

Barrow, Lisa; Brock, Thomas; Richburg-Hayes, Lashawn; … - Federal Reserve Bank of Chicago - 2009

We evaluate educational outcomes from an experiment which randomly assigned performancebased scholarship eligibility to students on community college campuses. Scholarships were awarded in three payments each semester over the course of two semesters. Payments were tied to students meeting two...

Persistent link: https://www.econbiz.de/10008636101