Title VII of the 1964 Civil Rights Act and Affirmative Action apply most forcefully to large employers. The laws' focus on large employers implies that if Title VII and Affirmative Action were effective, then large employers should have increased their relative employment of blacks and women in...

In this paper, we examine the effect of income on child development in the United States and the United Kingdom, as measured by scores on cognitive, behavioral, and social assessments. In line with previous results for the United States, we find that for both countries income generally has an...

Making use of PSID data for 1984, 1989, and 1994, we examine race differences in patterns of asset accumulation. Our results indicate, as expected, that inheritances raise the rate of wealth accumulation of whites relative to that of African Americans. But, while whites devote a greater share of...