This paper provides evidence on the role of intergenerational transfers as a source of wealth. We use household data on transfers to provide direct estimates of transfer wealth, as we distinguish between intended transfers (for example, gifts to other households) and possible unintended...

We estimate a set of alternative models to examine the effect of neighborhood characteristics on outcomes among young adult women. The models are motivated by a concern that standard estimates of neighborhood effects may in part reflect the characteristics of families that reside in those...

The Social Security Disability Insurance (SSDI) Program has long been criticized by economists for its apparent work disincentives stemming from the imposition of 100 percent tax rates on earnings. However, the program has been modified in recent years to allow recipients to keep some of their...

The central elements in President Clinton's proposal to reform the welfare system are: increasing the earned income tax credit, improving the child support system, educating and training the poor, and limiting the amount of time people can receive assistance. The authors commend the first two...

Until the 1970s, there were few signs of change in the historic difference of one standard deviation between average ability or achievement test scores of blacks and whites in the United States. From about 1970 to the mid- to late 1980s, there was a substantial convergence of the average...

This paper considers U.S. social policy in the years 1935-1960 through the prism of recurring disagreements over the appropriate balance between social security and individual freedom. The disagreements were sharpest in the 1930s, when the Social Security bill was drafted and revised, and...

In this paper, I use data from a new survey of employers in four large metropolitan areas to analyze the flow of black applicants to different kinds of employers and the extent to which these applicants are hired. The results show that less-educated black workers apply less frequently for jobs...

Support for reforming the welfare system in the United States is widespread, as evidenced by legislative action by many states and, most recently, the federal government. Although part of the interest in reform is fiscally motivated, interest also exists in making significant changes to address...

This study extends Reynolds’ (1992) investigation of the social- psychological influences on grade retention and school adjustment in early childhood by tracing the predictors and consequences of grade retention for school achievement, perceived competence, and delinquency in early adolescence...

Earnings and employment deteriorated the most for young, less- educated, and/or black males in the 1980s. The most severe deterioration for blacks occurred in the North-Central regions. The causes of such regional and demographic variation in outcomes include a greater severity of demand shifts...