This dissertation consists of two chapters, both of which study the wealth inequality using heterogenous agent general equilibrium model. In particular, the first chapter focuses on a government policy and its implications on wealth inequality. The second chapter incorporates cost to high return assets to generate realistic wealth mobility in the…

In 2018, the W.E. Upjohn Institute for Employment Research launched a major research initiative into place-based strategies for local prosperity. Place-based strategies are nothing new. For decades, cities, regions, and states have sought to increase the number of jobs available to residents, expand their tax base, and promote amenities and…

The objective of this article is to reflect upon the relationships amongst health, disadvantage, educational opportunities, and higher education access and success. This is a reflective article taken from the literature review of a doctoral study on the relationship between health, access to, and success within, higher education. The importance of…

American universities and colleges have always been a bastion of liberalism and progressive thought. Historically, the academic community has supported social justice issues, given a voice to the poor, minorities and the disadvantaged, and brought to light subjects that are considered taboo elsewhere. Indeed, many social movements have either…

"Creating a Financial Stake in College" is a four-part series of reports that focuses on the relationship between children's savings and improving college success. This series examines: (1) why policymakers should care about savings, (2) the relationship between inequality and bank account ownership, (3) the connections between savings…

Universities transform lives. Going to university leads to new ways of seeing the world, to new horizons and networks, and to significantly enhanced job opportunities, but not everyone benefits in the same way. Fewer students from socially and economically disadvantaged backgrounds go to university, and when they do they tend not to do as well as…

This paper explores the issue of how a country for which the prioritization of public spending towards poverty reduction is a key policy concern can monitor the distributional effects of public spending. Employing standard benefit-incidence analysis, this paper empirically examines how public education spending is currently distributed in Yemen.…

On April 24, 2008, President George W. Bush convened an array of education and community stakeholders in Washington, D.C. to address the quickening disappearance of faith-based schools in America's cities. The disappearance of these schools, which have played a fundamental role in the American story of religious freedom and tolerance, community…

Despite federal investments in student aid--plus tax credits exceeding $70 billion and state expenditures for institutions and students exceeding $65 billion--record high financial barriers erected by recent changes in tuition and financial aid have prevented hundreds of thousands of college-qualified high school graduates from enrolling in…