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Davis-Kean et al. link children's self-perceptions to their math and reading achievement

Yang and Mahajan examine how hurricanes impact migration to the US

Patrick and colleagues analyze high-intensity drinking among adolescents

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Pamela Smock elected to PAA Committee on Publications

Viewing the eclipse from ISR-Thompson

Paula Fomby to succeed Jennifer Barber as Associate Director of PSC

PSC community celebrates Violet Elder's retirement from PSC

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Next Brown Bag

Mon, Sept 11, 2017, noon:
Welcoming of Postdoctoral Fellows: Angela Bruns, Karra Greenberg, Sarah Seelye and Emily Treleaven

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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