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Using data recently collected by the Panel Study of Income Dynamics, we find that the intergenerational correlation in expenditures is no larger than that in income, suggesting limited intra-family risk-sharing. On the other hand, even after controlling for the intergenerational correlation in...
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The Personal Responsibility and Work Opportunity Reconciliation Act (PRWORA) of 1996 represents a dramatic change in the US welfare state. One of its key goals was to move lone mothers, even those with young children, from welfare to work. Early evidence suggests that, in concert with a strong...
Persistent link: https://www.econbiz.de/10011126244
The authors compare the incidence and some of the causes of child poverty in Sweden and the United States in selected years using data from the Luxembourg Income Study. The U.S. sample is restricted to white non-hispanic children to present the most favorable comparison with Sweden's more...
Persistent link: https://www.econbiz.de/10011138191
The authors analyze data from an in-depth survey of about 900 residents in Detroit to determine how indebted they were. The results suggest that it will take considerably more time for Americans to feel comfortable enough to spend again. That may well mean that the long and slow economic...
Persistent link: https://www.econbiz.de/10010612858
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The relationship between the level of income and the population of an urban area is a familiar concern in urban economics. Existing models of this relationship assume a homogeneous labour force and hence no inequality in the size distribution of income within an urban area. In this paper we...
Persistent link: https://www.econbiz.de/10010888832
Between 1979 and 1989, men's average earnings declined and the percentage of men with low earnings increased. Much of the decline in mean earnings and the increased incidence of low earnings can be accounted for by changes in the returns to education, experience, and industry of...
Persistent link: https://www.econbiz.de/10008598892
This paper examines child poverty in Sweden and the U.S. by presenting a three-equation model which examines separate effects due to labor market differences and welfare state differences, using data from the LIS.
Persistent link: https://www.econbiz.de/10011652800