Heterogeneity in the Impact of Economic Cycles and the Great Recession: Effects within and across the Income Distribution
利用美国各州和不同时期的数据，研究经济周期对低收入家庭收入分布的影响，并分析不同人口群体（按年龄、种族、家庭类型划分）陷入贫困的风险变化，最后检验这些关系在大衰退期间是否改变。
In this paper, we examine the effects of economic cycles on low-to moderate-income families. We use variation across states and over time to estimate the effects of cycles on the distribution of income, using fine gradations of the household income-to-poverty ratio. We also explore how the effects of cycles affect the risk of falling into poverty across demographic groups, focusing on age, race/ethnicity, and family type. We conclude by testing to see whether these relationships have changed in the Great Recession. We discuss the results in light of the changes in the social safety net in recent decades.