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Boost in Collateral, Rather Than “Feeling Richer,” Drives Consumers to Borrow as Home Prices Rise

When home prices rise, households tend to borrow and spend more. But economists have had trouble identifying exactly what causes that relationship…

Lower-Income Children Raised in Counties With High Upward Mobility Display Fewer Behavioral Issues, Perform Better on Cognitive Tests

Children who grow up in urban counties with high upward mobility exhibit fewer behavioral problems and perform better on cognitive tests, according…

Decrease in Lead Exposure in Early Childhood May Be Responsible for Drop in Crime Rate

Exposure to lead in the preschool years significantly increases the chance that children will be suspended or incarcerated during their school…

Trust in Local Community Leads to Better Long-Term Decisions Among the Poor

Would you rather receive $100 today or $125 in three months? Recent studies show those at the lowest income levels typically choose the $100 now…

Considering the Millennium Challenge: Graduate Workshop Explores Global Poverty

Princeton University’s fall break offers students a week away from the classroom, and Woodrow Wilson School graduate students enrolled in a policy…