This paper explores the links between school, family and areabackground influences during adolescence and later adult economicoutcomes. The empirical analysis is based on data covering the period1979 to 1996, drawn from the 1979 US National Longitudinal Survey ofYouth. For a sample of...

The rise in inequality and poverty is one of the most important economicand social issues in recent times. But in contrast to the literature onindividual earnings inequality, there has been little work modelling (asopposed to documenting) household income dynamics. This is largelybecause of the...

This paper uses evidence from the US to examine the impact ofadolescent illegal consumption and violent behaviour on later lifechances. Specifically, we look at the effect of such behaviour by youngmen in late adolescence on productivity and household formation tenyears on. We find that alcohol...