Charles (2003) examines the dynamic effects of disability, finding a small decline in earnings and hours following disability onset, even for those who have positive disability reports for each of the next ten years. These outcomes also rebound quickly after the onset of disability. In recent...

The term "grade inflation" covers a multitude of phenomena, some of which are even alleged to be sins. Continuing increases in average grades have been widely documented in many universities over the last several decades. Also widely documented, and often associated with grade inflation, are...

Using data recently collected by the Panel Study of Income Dynamics, we find that the intergenerational correlation in expenditures is no larger than that in income, suggesting limited intra-family risk-sharing. On the other hand, even after controlling for the intergenerational correlation in...