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Full-Text Articles in Income Distribution
Save, Gamble, Or Both? The Relationship Between Premium Bond Sales And Lottery Sales In The United Kingdom, Kaden Grace
Save, Gamble, Or Both? The Relationship Between Premium Bond Sales And Lottery Sales In The United Kingdom, Kaden Grace
Honors Theses
Four out of every ten Americans are unable to pay for an unexpected $400 bill out of their savings accounts. To ameliorate this problem, one policy to incentivize saving is a Prize-Linked Savings Account (PLSA). Unlike a traditional savings account that pays out a consistent rate of return, a PLSA pools the interest on all deposits and distributes the returns in randomly drawn prizes (similar to a lottery). However, PLSAs remain illegal in many areas due to a concern that the introduction of a private or public PLSA could cannibalize revenue from an existing state-sponsored lottery, thus restricting the state’s …
The Effect Of Income On Healthy Food Options, Hannah M. Doherty
The Effect Of Income On Healthy Food Options, Hannah M. Doherty
Undergraduate Economic Review
This paper explores the effect of income per capita on the number of grocery stores and fast-food franchises in an area. Using a panel dataset to allow for the inclusion of every county in the United States across a period of three years, the results suggest that the income per capita of a county significantly impacts the number of grocery stores and fast-food restaurants in the area. Other factors such as education, age, and attributes regarding time constraints also play an important role in determining the number of grocery stores and fast-food franchises in a location.
From American Dream To American Reality: The Effect Of Educational Expenditures On Intergenerational Mobility And The Great Gatsby Curve, Isabel Krogh
Honors Projects
Income inequality and intergenerational mobility are two common measures of economic fairness in society. While they measure distinct ideas, they are significantly related in an inverse way across countries as well as across regions in the United States. This relationship is illustrated on the Great Gatsby Curve. Unequal access to education is one factor that has been found to drive the negative relationship between these two measures and therefore create the negatively sloping Great Gatsby Curve. Therefore, creating more equal access to education, such as through government spending, could lessen the connection between these two factors. The primary purpose of …