Some of the important implications of the parental investment model of intergenerational mobility have been derived under the assumption that parental income is the only source of heterogeneity.

Using data from the first two Waves of the Health and Retirement Survey (HRS), this research examines the relationship between migration, family change, and work status change in later mid-life. The results suggest that both family and work status change have significant effects on mobility in...

We develop a model of discrimination by creditors in credit markets, where discrimination is motivated by either profit maximization or prejudice against minorities. The model implies that for the "over-qualified" debtors, if loans to minority debtors have lower conditional expected write-offs...

this paper is concerned with the determinants of historical changes in the rate of voluntary job leaves due to marriage or childbirth/childcare among Japanese women.

Objectives. Recent approaches to diability suggest it results from the interaction of the individual and the environment. We consider the household as a specific context in which functional limitations might become disabilities. Methods. We examine the relationship between living arrangements...

This paper focuses on three key choices a young woman faces that can result in a live birth: (1) whether to have sex or not; (2) if so, whether to contracept or not; and (3) if she becomes pregnant, whether to have an abortion or not. This paper analyzes these three conditional choices...

COMPUSTAT data on 12,000 firms for the years 1956-1992 indicate that large firms hold less M1 as a percentage of sales that do small ones. Whether comparisons are made within or across industries, the elasticity of M1 balances with respect to sales is about 0.75. Firms headquartered in counties...