In this article, we examine the impact of one such event - the Great Recession of the late 2000s - on one potential mechanism of transmission: parents' financial investments in children.
Working Papers
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August, 2013
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July, 2013
This paper demonstrates that low-skilled Mexican-born immigrants' location choices in the U.S.
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June, 2013
Using longitudinal data from the Fragile Families and Child Wellbeing Study (N=4,701), we studied private financial transfers (PFTs) among mothers with young children during the Great Recession.
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April, 2013
Since at least the Great Depression, most economists and most Americans appear to have accepted that the government should play a significant role in managing the economy by adopting policies that stabilize employment, encourage economic growth, and control inflation.
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April, 2013
State and local governments have been facing an extraordinarily difficult fiscal environment in recent years. One of many challenges has been restoring public pension plans to a sound fiscal footing after the economic crisis of 2007-09.
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February, 2013
Though the great recession has had the most severe overall effect on state tax revenues of any downturn since the Great Depression, impacts varied widely across states. Tax revenues were affected through two different channels.
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January, 2013
The General Social Survey panel of 2006-2010 tracked Americans' reactions to the election of Barack Obama and the Great Recession (officially lasting from December 2007 to March 2009) as well as to events in their personal lives.
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December, 2012
During the Great Recession, more older workers have claimed Social Security benefits early. This paper addresses two important policy questions: Who are these early claimers? How much retirement income have they lost as a result of claiming early?
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December, 2012
This brief considers the impact of recent declines in stock prices and nominal interest rates on older households, examining the effect of the crisis on the financial wealth of older households, the impact of the financial crisis on the investment and total incomes of retired households, and the
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December, 2012