Based on an extensive survey of the members of the American Economic Association, the authors of this article compare consensus among economists on several economic propositions over four decades. The main result is an increased consensus on many economic propositions, specifically the appropriate role of fiscal policy in macroeconomics and income…

Surveys of income are complicated by the sensitive nature of the topic. The problem researchers face is how to encourage participants to respond and to provide truthful responses in surveys. To correct biases induced by nonresponse or underreporting, we propose a two-stage multilevel randomized response (MRR) technique to investigate the true…

Researchers have long documented a persistent Black-White gap in wealth. These studies, however, often treat race as a discrete category, eluding its socially constructed nature. As a result, these studies assume that the "effect of race" is consistent across all individuals racialized as Black. Studies that make this assumption…

Using data collected from more than 5.8 million high school and college graduates ages 18 to 65 years who participated in the American Community Survey between 2009 and 2021, the authors estimate the internal rates of return (IRRs) for individuals with college degrees in 10 broad majors compared with high school graduates. The analysis shows…

The scope and breadth of the COVID-19 pandemic were unprecedented. This is especially true for business continuity and the related area of cybersecurity. Historically, business continuity and cybersecurity are viewed and researched as separate fields. This paper synthesizes the two disciplines as one, thus pointing out the need to address both…

Using US data from the National Longitudinal Survey of Youth and following propensity score matching analysis, the study demonstrates that church attendance during youth has significant positive effects on an individual's psychological capital endowments in the form of self-esteem, positive attitude and self-satisfaction during adulthood. Since a…

Place-based scholarships within the College Promise movement reduce the cost of college for students in particular places and often include incentives for families to live in places for a longer period of time to capture full program benefits. This financial incentive may change the residential mobility decisions of people living in and around…

In common sociological research, income inequality is measured only at the aggregate level. The main purpose of this article is to demonstrate that there is more than meets the eye when inequality is indicated by a single measure. In this article, I introduce an alternative method that evaluates individuals' contributions to inequality as well as…

The high cost of health care in the United States creates complex decisions where suboptimal choices may negatively affect an individual's physical and financial health. The challenge for patients is that the complex nature of health-related financial decisions requires specialized knowledge to avoid these suboptimal choices. While the benefits of…

One question frequently included in surveys asks about respondents' earnings. As this information serves, for example, as a basis for evaluating policy interventions, it must be of high quality. This study aims to advance knowledge about possible measurement errors in earnings data and the potential of data linkage to improve substantive…

We investigate the reliability of data from the Wage Indicator (WI), the largest online survey on earnings and working conditions. Comparing WI to nationally representative data sources for 17 countries reveals that participants of WI are not likely to have been representatively drawn from the respective populations. Previous literature has…

What are the economic consequences of college noncompletion? Given escalating student debt, is "some college" still worth it? This article applies augmented inverse probability weighting to the National Longitudinal Survey of Youth 1997 to estimate the causal effect of college noncompletion on income and financial hardship. Although…

The purpose of this study was to describe the relationships between financial literacy and financial capability rates of 18-24-year-olds and formal financial education in public K-12 schools. Though much has been studied about financial education, financial literacy, and financial capability, there are few clear answers about the relationships…

Using an additional decade of data from the National Longitudinal Survey of Youth 1979 Children and Young Adults (CNLSY), this study replicated and extended Deming's evaluation of Head Start's life cycle skill formation impacts in three ways. Extending the measurement interval for Deming's adulthood outcomes, we found no statistically significant…

Institutions may be interested in using alumni career success as evidence of institutional effectiveness, but the current study suggests that using income as the sole outcome may not be entirely capturing the occupational experience of graduates. Utilising data from the Strategic National Arts Alumni Project, exploratory and confirmatory factor…