Overall, financial stress and conflict have independent effects on youths' transitions and youths' perspectives have different consequences to those of their mothers. This paper analyzes the effect of mothers' and youths' reports of family financial stress and conflict on youths' transitions into adult roles. We find that mothers’ reports of financial stresses and borrowing constraints...

A common critique of most measures of income inequality, which are based on a single year's income, is that they fail to take account of income mobility. If income fluctuations are large, and individuals can smooth consumption, then high inequality and high mobility may be no worse than low inequality and low mobility. To test...

This paper tests for gender discrimination by sending fake CVs to apply for entry-level jobs. Female candidates are more likely to receive a callback, with the difference being largest in occupations that are more female-dominated.

Does faster economic growth increase pressure for democratic change, or reduce it? Using data for 154 countries for the period 1963-2007, the authors examine the short-run relationship between economic growth and moves toward and away from greater democracy. To address the potential endogeneity of economic growth, they use variation in precipitation, temperatures, and commodity prices...

This paper estimates the impact of increased rainfall on traffic accident fatalities. This focus is motivated by two factors. First, in OECD countries, road traffic crashes are the leading cause of death for people aged 15-24. Second, the social welfare cost of traffic deaths is largely ignored in GDP calculations. If rainfall significantly affects traffic...