(Click here for a larger version.)
Wealthy parents tend to raise children who grow up to be wealthy, just as children whose parents have few assets are likely to possess little wealth in adulthood. However, little is known about the extent to which this relationship is determined genetically, by environmental
...For decades, the share of women who are employed was steadily rising in the United States, contributing to economic growth and serving as a countervailing force to a slow decline in the share employed among men. In recent years however, the upward trend among women has reversed: Labor force participation
...
Does the unemployment rate of 4.4 percent provide an accurate picture of the health of the United States’ economy? This is almost a full percentage point below its pre-recession average. But the unemployment rate only accounts for those who are actively looking for a job. If an unemployed worker becomes
...
