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Geronimus: Stress makes black women 7.5 years older in biological age than white counterparts

Frey rethinks trends in Millennial mass urganization

Shaefer on new UN report about America's failing safety net

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Seefeldt promoted to associate professor of social work, associate professor of public policy

Martha Bailey elected to the Board of Officers of the Society of Labor Economists

Charlie Brown elected to the Board of Officers of the Society of Labor Economists

Former PSC trainee Patrick Kline wins SOLE's Sherwin Rosen Prize for "Outstanding Contributions in the Field of Labor Economics"

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Frank P. Stafford

Stafford says less educated, smaller investors more likely to sell off stock and lock in losses during market downturn

a PSC In The News reference, 2015

"What Market Swings Mean for Inequality" - Wall Street Journal. 08/24/2015.

Because stock ownership in America is increasingly concentrated among higher income people - with 90% of all stocks owned by the wealthiest 10% - market busts have less negative impact on lower and middle-income families. But stock crashes do not necessarily reduce economic inequality, says Frank Stafford, since during a crash those with less education and smaller portfolios are more likely to sell off their stock and lock in their losses, while bigger and more savvy investors ride it out.


Frank P. Stafford

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