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

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 …

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. …

This paper tests whether state fiscal policy alters neighborhood income homogeneity. One implication of the Tiebout … decrease in neighborhood income homogeneity. …

This paper uses the National Longitudinal Surveys (NLS), the Panel Study of Income Dynamics (PSID), and the General … Social Survey (GSS) to measure the elasticity of family income on men’s adult earnings in 1980 and the early 1990s. The study … finds a large and statistically significant increase in the importance of family income over time when comparing cohorts in …

This paper tests whether state school finance reform alters neighborhood income homogeneity. One implication of the … that school finance has a significant effect on school district income sorting, especially among low income communities. …