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Pooling data for 1905 to 2000, we find no systematic relationship between top income shares and economic growth in a panel of 12 developed nations observed for between 22 and 85 years. After 1960, however, a one percentage point rise in the top decile’s income share is associated with a...
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Although many opponents of welfare reform predicted that it would increase hardship, the official poverty rate for female headed families with children fell from 42 percent in 1996 to 34 percent in 2002. Skeptics have nonetheless argued that declines in official poverty rates may have been...
Persistent link: https://www.econbiz.de/10005350256
One can use the Census Bureau's income statistics to show either that low-income children were considerably worse off or considerably better off in 1999 than in 1969. Likewise, one can use Census statistics to show that middle-income children gained very little or a great deal between 1969 and...
Persistent link: https://www.econbiz.de/10005350274
Public concern with poverty derives in large part from the assumption that low income families cannot afford necessities. Yet official poverty statistics focus on measuring income, not on measuring material hardship. Two surveys of Chicago residents measure whether families could afford food,...
Persistent link: https://www.econbiz.de/10008598974
We study the impact of accountability pressure in Texas public high schools in the 1990s on postsecondary attainment and earnings, using administrative data from the Texas Schools Project (TSP). We find that high schools respond to the risk of being rated Low-Performing by increasing student...
Persistent link: https://www.econbiz.de/10010692219
Comparing business cycle peaks, the official poverty rate for American children rose from 14.0% in 1969 to 19.6% in 1989. This increase has been widely cited in policy debates, both as evidence that the war on poverty was counterproductive and as evidence that it should be intensified. But this...
Persistent link: https://www.econbiz.de/10005793559
Pooling data for 1905 to 2000, we find no systematic relationship between top income shares and economic growth in a panel of 12 developed nations observed for between 22 and 85 years. After 1960, however, a one percentage point rise in the top decile's income share is associated with a...
Persistent link: https://www.econbiz.de/10008506067