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Stafford says exiting down stock market worsened position of low-income households

Bailey's work cited on growing income disparities in college enrollment and graduation

Murphy says mobile sensor data will allow adaptive interventions for maximizing healthy outcomes

Highlights

PSC Fall 2014 Newsletter now available

Martha Bailey and Nicolas Duquette win Cole Prize for article on War on Poverty

Michigan's graduate sociology program tied for 4th with Stanford in USN&WR rankings

Jeff Morenoff makes Reuters' Highly Cited Researchers list for 2014

Next Brown Bag

Monday, Nov 3
Melvin Stephens, Estimating Program Benefits

Smoking, wealth accumulation and the propensity to plan

Archived Abstract of Former PSC Researcher

Khwaja, Ahmed, Daniel Silverman, Frank Sloan, and Yang Wang. 2007. "Smoking, wealth accumulation and the propensity to plan." Economics Letters, 94(1): 96-103.

We investigate the relationship between wealth, smoking, and individual propensities to plan. Planning propensity affects wealth but not smoking, suggesting that planning is not an all-purpose skill. Financial planning may draw on different abilities than those that facilitate smoking cessation.

DOI:10.1016/j.econlet.2006.08.007 (Full Text)

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