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                                                                                    Discussion Paper
                                                                                
                                            How Do Children Spend Their Time? Time Use and Skill Development in the PSID
                                        
                                        
                                        
                                        
                                                                                    
                                                                                                    As income and wealth inequality have grown in the United States in recent decades, the large and growing differences in household expenditures on children from advantaged versus disadvantaged backgrounds have increasingly become a matter of public concern. High socioeconomic status (SES) households (those with high incomes and/or high levels of parental education) increasingly spend more money on physical goods (books, tuition, computers, etc.) and more time on "enrichment" activities such as homework, tutoring, reading, and extracurricular activities that are thought to directly foster ...
                                                                                                
                                            
                                                                                
                                    
                                                                                    Discussion Paper
                                                                                
                                            Intercorporate Equity Holdings in the Financial Accounts of the United States
                                        
                                        
                                        
                                        
                                                                                    
                                                                                                    This FEDS Note details these changes and highlights the new data on intercorporate equity investments available in the Financial Accounts.
                                                                                                
                                            
                                                                                
                                    
                                                                                    Discussion Paper
                                                                                
                                            A New Measure of Housing Wealth in the Financial Accounts of the United States
                                        
                                        
                                        
                                        
                                                                                    
                                                                                                    This note introduces a new method for measuring the aggregate value of own-use residential real estate in the United States from 2001 to present.