due to LIS data coverage. I find that both the middle class and poor are hurt by financialization (strongest evidence tied … to FIRE employment); however, incomes of the poor are most sensitive to financialization. …

example of how poverty traps can persist in developing countries. …

poverty. Aims: Using a nationally representative sample of American families with children, this study investigated racial … variation in the effects of highest education of parents on family’s ability to scale poverty, defined as the household’s income … parents. The dependent variable was household poverty status (income-to-needs ratio). Race was the focal moderator. Linear …

during the pandemic than poor ones. COVID-19 thrived on inequalities and lack of cooperation. In this article, we leverage on …