In the United States, household wealth is unequally distributed. While facts about the distribution are readily available, less is known about the family dynamics that underlie this important component of inequality. An increasing number of households are headed by single females (both never...

During economic transition, firms must dramatically reduce their financial dependence on the state and begin to borrow from non-state capital sources. This paper draws on organizational theory to examine this fundamental transformation of firm capital structure during China's transition. I...