Unexpected events such as job displacement, disability, and divorce can have negative effects on individual and family income. For many families, social insurance provided by the government plays an important role in buffering the impact of these shocks. However, on average, Americans depend...

This book explores how job loss, the onset of health limitations, and changes in family structure can have a pronounced influence on individual and household well-being across the life course. These events are typically studied in isolation, whereas this book provides a systematic overview and...