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  1. Study Finds Changes to Retirement Savings System May Exacerbate Economic Inequality

    A shift to defined-contribution retirement plans, such as 401(k) plans, has led to an income and education gap in pension savings that could exacerbate future economic inequality, according to a study that was presented at the 111th Annual Meeting of the American Sociological Association (ASA).

  2. Police Violence Against Unarmed Black Men Results in Loss of Thousands of Crime-Related 911 Calls

    A new study shows that publicized cases of police violence against unarmed black men have a clear and significant negative impact on citizen crime reporting, specifically 911 calls.   

  3. Money Supply, Class Power, and Inflation: Monetarism Reassessed

    Recent sociological work shows that pro-market neoliberal policies across advanced capitalist countries are due to distributional struggle between classes in the 1970s and 1980s. The orthodox monetarist view, alternatively, sees neoliberal reform as a nonpolitical attempt to end the stagflation crisis of the 1970s. From this perspective, monetary and fiscal expansions brought high inflation, and central bank discipline and government austerity is the solution; but the recent trend of low inflation despite accelerating money growth and government spending contradicts this view.

  4. The Causes of Fraud in the Financial Crisis of 2007 to 2009: Evidence from the Mortgage-Backed Securities Industry

    The financial crisis of 2007 to 2009 was marked by widespread fraud in the mortgage securitization industry. Most of the largest mortgage originators and mortgage-backed securities issuers and underwriters have been implicated in regulatory settlements, and many have paid multibillion-dollar penalties. This article seeks to explain why this behavior became so pervasive. We evaluate predominant theories of white-collar crime, finding that theories emphasizing deregulation or technical opacity identify only necessary, not sufficient, conditions.

  5. What Skills Can Buy: Transmission of Advantage through Cognitive and Noncognitive Skills

    Parental income and wealth contribute to children’s success but are at least partly endogenous to parents’ cognitive and noncognitive skills. We estimate the degree to which mothers’ skills measured in early adulthood confound the relationship between their economic resources and their children’s postsecondary education outcomes.

  6. Category Taken-for-Grantedness as a Strategic Opportunity: The Case of Light Cigarettes, 1964 to 1993

    Theories within organizational and economic sociology that center on market categories often equate taken-for-grantedness with increased constraint on category members’ features. In contrast, we develop a novel perspective that considers how market participants’ changing category-related attributions decrease the scrutiny of category offerings, opening up strategic opportunities for firms. We further argue that whether producers should be expected to take advantage of these opportunities depends on the extent to which they are incentivized to do so.

  7. Can Ratings Have Indirect Effects? Evidence from the Organizational Response to Peers’ Environmental Ratings

    Organizations are increasingly subject to rating and ranking by third-party evaluators. Research in this area tends to emphasize the direct effects of ratings systems that occur when ratings give key audiences, such as consumers or investors, more information about a rated firm. Yet, ratings systems may also indirectly influence organizations when the collective presence of more rated peers alters the broader institutional and competitive milieu.

  8. The Price of Protection: A Trajectory Analysis of Civil Remedies for Abuse and Women’s Earnings

    We know men’s violence against women is costly. Yet, we know little about the costs—or benefits—of women’s efforts to end it. This study investigates the temporal dynamics of women’s earnings and petitioning for a Protection from Abuse (PFA) civil restraining order. Women’s earnings might rise or fall at the time of petitioning but quickly return to pre-petitioning levels, a short-term boost or shock; or, petitioning might precipitate a longer-term stall or upward shift in women’s earnings.

  9. Dignity and Dreams: What the Earned Income Tax Credit (EITC) Means to Low-Income Families

    Money has meaning that shapes its uses and social significance, including the monies low-income families draw on for survival: wages, welfare, and the Earned Income Tax Credit (EITC). This study, based on in-depth interviews with 115 low-wage EITC recipients, reveals the EITC is an unusual type of government transfer. Recipients of the EITC say they value the debt relief this government benefit brings. However, they also perceive it as a just reward for work, which legitimizes a temporary increase in consumption.

  10. Police Violence Against Unarmed Black Men Results in Loss of Thousands of Crime-Related 911 Calls

    A new study shows that publicized cases of police violence against unarmed black men have a clear and significant negative impact on citizen crime reporting, specifically 911 calls.