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Since the mapping of the human genome in 2004, biologists have demonstrated genetic links to the expression of several income-enhancing physical traits. To illustrate how heredity produces intergenerational economic effects, this study uses one trait, beauty, to infer the extent to which...
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from the Survey of Household Finances over the period 2002 to 2014 to examine the distributions of income and wealth in … group incomes rising. In addition, higher levels of mobility within the middle of the household wealth distribution are … recession, resulting in a substantial rise in unemployment, and income and wealth inequality. This paper uses longitudinal data …
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distribution of household income changed during the first year of the COVID-19 pandemic. Second, we use pre-pandemic data on child …
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Consolidation in the United States banking industry has led to larger banks. I find that low income households face reduced access to credit when local banks are large. This result appears to stem from large banks’ comparative disadvantage using soft information, which is particularly...
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