401(k)s and Household Wealth
Are Successive Generations Getting Wealthier, and If So, Why? Evidence from the 1990s (with William G. Gale), Brookings Papers on Economic Activity (2006)
The Role of Wealth Transformations: An Application to Estimating the Effect of Tax Incentives on Saving, The B.E. Journal of Economic Analysis & Policy (2006)
Researchers may want to estimate the percentage change of a variable, such as household wealth...
Nature or Nurture: Why do 401(k) Participants Save Differently than Other Workers?, National Tax Journal (2002)
Participants in 401(k) plans are more likely than other workers to list “retirement” as their...
Household Saving in the '90s: Evidence from Cross-section Wealth Surveys (with John Sabelhaus), Review of Income and Wealth (1999)
This paper uses a series of cross-section surveys to measure how wealth accumulation and active...
Foreclosure and Mortgages
Do Borrowers Know their Mortgage Terms? (with Brian K. Bucks), Journal of Urban Economics (2008)
We assess whether borrowers know their mortgage terms by comparing the distributions of these variables...
Subprime Mortgages: What, Where, and to Whom? (with Chris Mayer), Finance and Economics Discussion Series 2008-29 (2008)
We explore the types of data used to characterize risky subprime lending and consider the...
Foreclosing on Opportunity: State Laws and Mortgage Credit, Review of Economics and Statistics (2006)
Foreclosure laws govern the rights of borrowers and lenders when borrowers default on mortgages. In...
Household Debt Service
Recent Changes to a Measure of U.S. Household Debt Service (with Karen E. Dynan and Kathleen W. Johnson), Federal Reserve Bulletin (2003)
Teen pregnancy
Do youth non-marital childbearing choices reflect income and relationship expectations? (with Barbara Wolfe, Robert Haveman, and Jonathan Schwabish), Journal of Population Economics (2007)
We hypothesize that teen nonmarital birth events are influenced by adolescent girls' perceptions of the...