Hines, James R. Hines, Jr.; Hoynes, Hilary Williamson; … - National Bureau of Economic Research (NBER) - 2001
Periods of rapid U.S. economic growth during the 1960s and 1970s coincided with improved living standards for many segments of the population, including the disadvantaged as well as the affluent, suggesting to some that a rising economic tide lifts all demographic boats. This paper investigates...