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Direct linkMaroto, Michelle – Social Forces, 2012
As the recent economic crisis has demonstrated, inequality often spans credit and labor markets, supporting a system of cumulative disadvantage. Using data from the National Longitudinal Survey of Youth, this research draws on stigma, cumulative disadvantage and status characteristics theories to examine whether credit and labor markets intersect…
Descriptors: Financial Problems, Labor Market, Credit (Finance), Longitudinal Studies
Zagorsky, Jay L. – Intelligence, 2007
How important is intelligence to financial success? Using the NLSY79, which tracks a large group of young U.S. baby boomers, this research shows that each point increase in IQ test scores raises income by between $234 and $616 per year after holding a variety of factors constant. Regression results suggest no statistically distinguishable…
Descriptors: Probability, Income, Financial Problems, Credit (Finance)
