This study focuses on testing the relationship between income inequality and economic growth within counties in the United States, and the channels through which the effects of a relationship are observed. Based on a system of equations estimation, the empirical results confirm the hypotheses...

This article analyzes the impact of risk on decisions made by the poor within the context of the Individual Development Account (IDA) program. IDA is a matched savings program designed to help low-income households invest in appreciating assets. For these households, the risk involved with...

We examine spatial convergence in biological well-being in the Habsburg Monarchy, circa 1890-1910, on the basis of evidence of the physical stature of 21-year-old military recruits, disaggregated into 15 Districts. We find that the shorter the population in 1890, the faster its height grew...