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Keywords:Income 

Journal Article
A monetary model of nominal income determination

Review , Volume 57 , Issue Jun , Pages 9-19

Working Paper
Paying for performance: the education impacts of a community college scholarship program for low-income adults

We evaluate educational outcomes from an experiment which randomly assigned performancebased scholarship eligibility to students on community college campuses. Scholarships were awarded in three payments each semester over the course of two semesters. Payments were tied to students meeting two conditions?enrolling at least half time and maintaining a ?C? or better semester grade point average. We find that the program increased the likelihood a student was enrolled at the program institutions in both the first and second semesters after random assignment and increased the total number of ...
Working Paper Series , Paper WP-09-13

Journal Article
Research spotlight: Technology, unionization, and income inequality

Related links: https://www.richmondfed.org/-/media/richmondfedorg/publications/research/econ_focus/2012/q4/research_spotlight_weblinks.cfm
Econ Focus , Volume 16 , Issue 4Q , Pages 11

Journal Article
Commentary on two papers on education and crime in urban neighborhoods

Economic Policy Review , Volume 5 , Issue Sep , Pages 111-113

Newsletter
Insurance and wealth building among lower-income households

In the summer of 2007, the Federal Reserve Bank of Chicago convened four focus groups to explore the connections between insurance, the process of wealth building and preservation, and financial access for low- and moderate-income consumers. This article examines the findings from those focus groups.
Chicago Fed Letter , Issue Jun

Working Paper
Public infrastructure and regional economic development: a simultaneous equations approach

A study of how public capital stock impacts regional economic development, which jointly models the effects of local public infrastructure on personal income and the effect of personal income on the allocation of local public outlays.
Working Papers (Old Series) , Paper 8909

Newsletter
How do the risks of living long and facing high medical expenses affect the elderly’s saving behavior?

This article shows that the elderly, especially those with high lifetime incomes, maintain large asset holdings to account for the possibility of their living a long time and facing high medical expenses.
Chicago Fed Letter , Issue Jan

Working Paper
Common trends and common cycles in regional per capita incomes

Cyclical dynamics at the regional level are investigated using newly developed times-series techniques that allow a decomposition of aggregate data into common trends and common cycles. The authors apply the common-trend/common-cycle representation to per capita personal income for the eight BEA regions using quarterly data for the period 1948:1-93:4. Their analysis reveals considerable differences in the volatility of regional cycles. Controlling for differences in volatility, the authors find a great deal of comovement in the cyclical response of four regions (New England, Mideast, Great ...
Working Papers , Paper 96-13

Journal Article
The Low- and Moderate-income Conditions Survey: A Summary of Seventh Fed District Community Development Practitioner Responses

For the first time, the Federal Reserve Bank of Chicago participated in administering the Kansas City Fed?s low- and moderate-income survey to respondents in the Seventh District. The survey is administered on line twice a year to measure ?economic conditions of low- and moderate-income (LMI) populations and the organizations that serve them.?1 A key motivation for the survey is that compliance with the Community Reinvestment Act (CRA) entails banking institutions subject to CRA to provide credit, investment, and services, consistent with safe and sound banking practices, to LMI populations ...
Profitwise , Issue 1 , Pages 4-9

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