F T Pfeffer
Biographic Data
| ID | 21454 |
|---|---|
| NAME | F T Pfeffer |
| GIVEN NAMES | F T |
| FAMILY NAME | Pfeffer |
| SIGNATURE | PFEFFER F T |
| AFFILIATIONS | University of Michigan |
| ORCID | 0000-0002-6196-0617 |
| VERIFIED | Yes |
| TOTAL WORKS | 20 |
| TOTAL CITATIONS | 783 |
| AUTHOR COUNT | 20 |
| EDITOR COUNT | 0 |
| FIRST PUBLICATION YEAR | 2008 |
| LATEST PUBLICATION YEAR | 2025 |
| H-INDEX | 11 |
Beyond the Diagonal Reference Model: Critiques and New Directions in the Analysis of Mobility Effects
Over the past decade there has been a striking increase in the number of quantitative studies examining the effects of social mobility, with almost all based on the diagonal reference model (DRM). We make four main contributions to this rapidly expanding literature. First, we show that under plausible values of mobility effects, the DRM will, in many cases, implicitly force the underlying mobility linear effect toward zero. In addition, we show b…
Methodological Frontiers in Intergenerational Mobility Research
This special issue of Sociological Methods & Research presents a collection of papers that develop a range of new statistical approaches and empirical insights on intergenerational mobility. The papers in the special issue involve four broad themes: the development of new statistics to characterize mobility, the exploration of methods to establish causal explanations, the enrichment of statistical models to better characterize heterogeneity in mo…
The U.S. Wealth Distribution: Off the Charts
Although extreme and rising levels of U.S. wealth inequality have generated much public and scientific interest, building intuition on the shape and scale of today’s wealth distribution remains difficult. Prior research tends to conceptualize and measure wealth inequality in one of two ways: As the concentration of assets among the superwealthy (i.e., wealth concentration among the top 1 percent or even top 0.1 percent) or as a population-wide ph…
The Future Strikes Back: Using Future Treatments to Detect and Reduce Hidden Bias
Conventional advice discourages controlling for postoutcome variables in regression analysis. By contrast, we show that controlling for commonly available postoutcome (i.e., future) values of the treatment variable can help detect, reduce, and even remove omitted variable bias (unobserved confounding). The premise is that the same unobserved confounder that affects treatment also affects the future value of the treatment. Future treatments thus p…
Avoiding material hardship: The buffer function of wealth
We assess how a variety of disruptive life-course events impact the economic wellbeing of US households and trace the importance of household wealth in helping families who experience these events avoid entering a spell of material hardship. Using longitudinal data from two panels of the Survey of Income and Program Participation (SIPP), we draw on direct measures of material hardship, disruptive events and household assets. Our analyses reveal t…
The Wealth Inequality of Nations
Comparative research on income inequality has produced several frameworks to study the institutional determinants of income stratification. In contrast, no such framework and much less empirical evidence exist to explain cross-national differences in wealth inequality. This situation is particularly lamentable as cross-national patterns of inequality in wealth diverge sharply from those in income. We seek to pave the way for new explanations of c…
The Longitudinal Revolution: Sociological Research at the 50-Year Milestone of the Panel Study of Income Dynamics
The US Panel Study of Income Dynamics (PSID) celebrated its 50th anniversary in 2018. Initially designed to assess the nation's progress in combatting poverty, PSID's scope broadened quickly to a variety of topics and fields of inquiry. To date, sociologists are the second-most frequent users of PSID data after economists. Here, we describe the ways in which PSID's history reflects shifts in social science scholarship and funding priorities over …
Intergenerational Wealth Mobility and Racial Inequality
The black-white gap in household wealth is large and well documented. Here, we visualize how this racial wealth gap persists across generations. Animating the flow of individuals between the relative wealth position of parents and their adult children, we show that the disadvantage of black families is a consequence both of wealth inequality in prior generations and race differences in the transmission of wealth positions across generations: Blac…
Generations of Advantage. Multigenerational Correlations in Family Wealth
Inequality in family wealth is high, yet we know little about how much and how wealth inequality is maintained across generations. We argue that a long-term perspective reflective of wealth's cumulative nature is crucial to understand the extent and channels of wealth reproduction across generations. Using data from the Panel Study of Income Dynamics that span nearly half a century, we show that a one-decile increase in parents' wealth position i…
Growing Wealth Gaps in Education
Prior research on trends in educational inequality has focused chiefly on changing gaps in educational attainment by family income or parental occupation. In contrast, this contribution provides the first assessment of trends in educational attainment by family wealth and suggests that we should be at least as concerned about growing wealth gaps in education. Despite overall growth in educational attainment and some signs of decreasing wealth gap…
Grand Advantage: Family Wealth and Grandchildren’s Educational Achievement in Sweden
We study the role of family wealth for children's educational achievement using novel Swedish register data. In particular, we focus on the relationship between grandparents' wealth and their grandchildren's educational achievement. Doing so allows us to reliably establish the independent role of wealth in contributing to long-term inequalities in opportunity. We use regression models with extensive controls to account for observed socioeconomic …
Wealth Inequality and Accumulation
Research on wealth inequality and accumulation and the data upon which it relies have expanded substantially in the twenty-first century. Although the field has experienced rapid growth, conceptual and methodological challenges remain. We begin by discussing two major unresolved methodological concerns facing wealth research: how to address challenges to causal inference posed by wealth's cumulative nature and how to operationalize net worth give…
How Wealth Inequality Shapes Our Future
Liz, Mary, and Howard are three teenagers in the 1980s. Although unrelated, their families have much in common: stable two- parent households, at least one parent completed high school (though none of them went to college), and all three are white. They differ in one important aspect: their parents command quite different levels of wealth (here measured as net worth, that is, the total sum of financial and real assets minus debt). Liz's parents o…
How Has Educational Expansion Shaped Social Mobility Trends in the United States
This contribution provides a long-term assessment of intergenerational social mobility trends in the United States across the 20th and early 21st century and assesses the determinants of those trends. In particular, we study how educational expansion has contributed to the observed changes in mobility opportunities for men across cohorts. Drawing on recently developed decomposition methods, we empirically identify the contribution of each of the …
Equality and quality in education. A comparative study of 19 countries
The Community College Effect Revisited: The Importance of Attending to Heterogeneity and Complex Counterfactuals
Community colleges are controversial educational institutions, often said to simultaneously expand college opportunities and diminish baccalaureate attainment. We assess the seemingly contradictory functions of community colleges by attending to effect heterogeneity and to alternative counterfactual conditions. Using data on postsecondary outcomes of high school graduates of Chicago Public Schools, we find that enrolling at a community college pe…
Multigenerational approaches to social mobility. A multifaceted research agenda
Wealth Disparities Before and After the Great Recession
The collapse of the labor, housing, and stock markets beginning in 2007 created unprecedented challenges for American families. This study examines disparities in wealth holdings leading up to the Great Recession and during the first years of the recovery. All socioeconomic groups experienced declines in wealth following the recession, with higher wealth families experiencing larger absolute declines. In percentage terms, however, the declines we…
Beyond Access: Explaining Socioeconomic Differences in College Transfer
Reducing socioeconomic differences in college transfer requires understanding how and why parental education, occupational class, and family income are associated with changing colleges. Building on prior studies of traditional community college transfer, the authors explore relationships between those factors and two types of transfer among four-year college students. The results indicate that reverse transfer-the move from a four-year to a comm…
Persistent Inequality in Educational Attainment and its Institutional Context
Research has repeatedly shown that educational opportunities are distributed unevenly in all countries. Therefore, the question is not whether family background and educational outcomes are related but to what degree they are related. This latter question then invites a comparative perspective. That is, does social inequality in education differ across time and countries? If yes, which institutional characteristics can explain differences in educ…
Wealth Inequality and Accumulation
Research on wealth inequality and accumulation and the data upon which it relies have expanded substantially in the twenty-first century. Although the field has experienced rapid growth, conceptual and methodological challenges remain. We begin by discussing two major unresolved methodological concerns facing wealth research: how to address challenges to causal inference posed by wealth's cumulative nature and how to operationalize net worth give…
Persistent Inequality in Educational Attainment and its Institutional Context
Research has repeatedly shown that educational opportunities are distributed unevenly in all countries. Therefore, the question is not whether family background and educational outcomes are related but to what degree they are related. This latter question then invites a comparative perspective. That is, does social inequality in education differ across time and countries? If yes, which institutional characteristics can explain differences in educ…
Grand Advantage: Family Wealth and Grandchildren’s Educational Achievement in Sweden
We study the role of family wealth for children's educational achievement using novel Swedish register data. In particular, we focus on the relationship between grandparents' wealth and their grandchildren's educational achievement. Doing so allows us to reliably establish the independent role of wealth in contributing to long-term inequalities in opportunity. We use regression models with extensive controls to account for observed socioeconomic …
Wealth Disparities Before and After the Great Recession
The collapse of the labor, housing, and stock markets beginning in 2007 created unprecedented challenges for American families. This study examines disparities in wealth holdings leading up to the Great Recession and during the first years of the recovery. All socioeconomic groups experienced declines in wealth following the recession, with higher wealth families experiencing larger absolute declines. In percentage terms, however, the declines we…
The Wealth Inequality of Nations
Comparative research on income inequality has produced several frameworks to study the institutional determinants of income stratification. In contrast, no such framework and much less empirical evidence exist to explain cross-national differences in wealth inequality. This situation is particularly lamentable as cross-national patterns of inequality in wealth diverge sharply from those in income. We seek to pave the way for new explanations of c…
Multigenerational approaches to social mobility. A multifaceted research agenda
Growing Wealth Gaps in Education
Prior research on trends in educational inequality has focused chiefly on changing gaps in educational attainment by family income or parental occupation. In contrast, this contribution provides the first assessment of trends in educational attainment by family wealth and suggests that we should be at least as concerned about growing wealth gaps in education. Despite overall growth in educational attainment and some signs of decreasing wealth gap…
Beyond Access: Explaining Socioeconomic Differences in College Transfer
Reducing socioeconomic differences in college transfer requires understanding how and why parental education, occupational class, and family income are associated with changing colleges. Building on prior studies of traditional community college transfer, the authors explore relationships between those factors and two types of transfer among four-year college students. The results indicate that reverse transfer-the move from a four-year to a comm…
Intergenerational Wealth Mobility and Racial Inequality
The black-white gap in household wealth is large and well documented. Here, we visualize how this racial wealth gap persists across generations. Animating the flow of individuals between the relative wealth position of parents and their adult children, we show that the disadvantage of black families is a consequence both of wealth inequality in prior generations and race differences in the transmission of wealth positions across generations: Blac…
Avoiding material hardship: The buffer function of wealth
We assess how a variety of disruptive life-course events impact the economic wellbeing of US households and trace the importance of household wealth in helping families who experience these events avoid entering a spell of material hardship. Using longitudinal data from two panels of the Survey of Income and Program Participation (SIPP), we draw on direct measures of material hardship, disruptive events and household assets. Our analyses reveal t…
How Wealth Inequality Shapes Our Future
Liz, Mary, and Howard are three teenagers in the 1980s. Although unrelated, their families have much in common: stable two- parent households, at least one parent completed high school (though none of them went to college), and all three are white. They differ in one important aspect: their parents command quite different levels of wealth (here measured as net worth, that is, the total sum of financial and real assets minus debt). Liz's parents o…
The Longitudinal Revolution: Sociological Research at the 50-Year Milestone of the Panel Study of Income Dynamics
The US Panel Study of Income Dynamics (PSID) celebrated its 50th anniversary in 2018. Initially designed to assess the nation's progress in combatting poverty, PSID's scope broadened quickly to a variety of topics and fields of inquiry. To date, sociologists are the second-most frequent users of PSID data after economists. Here, we describe the ways in which PSID's history reflects shifts in social science scholarship and funding priorities over …
The Community College Effect Revisited: The Importance of Attending to Heterogeneity and Complex Counterfactuals
Community colleges are controversial educational institutions, often said to simultaneously expand college opportunities and diminish baccalaureate attainment. We assess the seemingly contradictory functions of community colleges by attending to effect heterogeneity and to alternative counterfactual conditions. Using data on postsecondary outcomes of high school graduates of Chicago Public Schools, we find that enrolling at a community college pe…
Equality and quality in education. A comparative study of 19 countries
The Future Strikes Back: Using Future Treatments to Detect and Reduce Hidden Bias
Conventional advice discourages controlling for postoutcome variables in regression analysis. By contrast, we show that controlling for commonly available postoutcome (i.e., future) values of the treatment variable can help detect, reduce, and even remove omitted variable bias (unobserved confounding). The premise is that the same unobserved confounder that affects treatment also affects the future value of the treatment. Future treatments thus p…
Persistent Inequality in Educational Attainment and its Institutional Context
Research has repeatedly shown that educational opportunities are distributed unevenly in all countries. Therefore, the question is not whether family background and educational outcomes are related but to what degree they are related. This latter question then invites a comparative perspective. That is, does social inequality in education differ across time and countries? If yes, which institutional characteristics can explain differences in educ…
Beyond Access: Explaining Socioeconomic Differences in College Transfer
Reducing socioeconomic differences in college transfer requires understanding how and why parental education, occupational class, and family income are associated with changing colleges. Building on prior studies of traditional community college transfer, the authors explore relationships between those factors and two types of transfer among four-year college students. The results indicate that reverse transfer-the move from a four-year to a comm…
Wealth Disparities Before and After the Great Recession
The collapse of the labor, housing, and stock markets beginning in 2007 created unprecedented challenges for American families. This study examines disparities in wealth holdings leading up to the Great Recession and during the first years of the recovery. All socioeconomic groups experienced declines in wealth following the recession, with higher wealth families experiencing larger absolute declines. In percentage terms, however, the declines we…
The Community College Effect Revisited: The Importance of Attending to Heterogeneity and Complex Counterfactuals
Community colleges are controversial educational institutions, often said to simultaneously expand college opportunities and diminish baccalaureate attainment. We assess the seemingly contradictory functions of community colleges by attending to effect heterogeneity and to alternative counterfactual conditions. Using data on postsecondary outcomes of high school graduates of Chicago Public Schools, we find that enrolling at a community college pe…
Multigenerational approaches to social mobility. A multifaceted research agenda
How Has Educational Expansion Shaped Social Mobility Trends in the United States
This contribution provides a long-term assessment of intergenerational social mobility trends in the United States across the 20th and early 21st century and assesses the determinants of those trends. In particular, we study how educational expansion has contributed to the observed changes in mobility opportunities for men across cohorts. Drawing on recently developed decomposition methods, we empirically identify the contribution of each of the …
Equality and quality in education. A comparative study of 19 countries
How Wealth Inequality Shapes Our Future
Liz, Mary, and Howard are three teenagers in the 1980s. Although unrelated, their families have much in common: stable two- parent households, at least one parent completed high school (though none of them went to college), and all three are white. They differ in one important aspect: their parents command quite different levels of wealth (here measured as net worth, that is, the total sum of financial and real assets minus debt). Liz's parents o…
Grand Advantage: Family Wealth and Grandchildren’s Educational Achievement in Sweden
We study the role of family wealth for children's educational achievement using novel Swedish register data. In particular, we focus on the relationship between grandparents' wealth and their grandchildren's educational achievement. Doing so allows us to reliably establish the independent role of wealth in contributing to long-term inequalities in opportunity. We use regression models with extensive controls to account for observed socioeconomic …
Wealth Inequality and Accumulation
Research on wealth inequality and accumulation and the data upon which it relies have expanded substantially in the twenty-first century. Although the field has experienced rapid growth, conceptual and methodological challenges remain. We begin by discussing two major unresolved methodological concerns facing wealth research: how to address challenges to causal inference posed by wealth's cumulative nature and how to operationalize net worth give…
Generations of Advantage. Multigenerational Correlations in Family Wealth
Inequality in family wealth is high, yet we know little about how much and how wealth inequality is maintained across generations. We argue that a long-term perspective reflective of wealth's cumulative nature is crucial to understand the extent and channels of wealth reproduction across generations. Using data from the Panel Study of Income Dynamics that span nearly half a century, we show that a one-decile increase in parents' wealth position i…
Growing Wealth Gaps in Education
Prior research on trends in educational inequality has focused chiefly on changing gaps in educational attainment by family income or parental occupation. In contrast, this contribution provides the first assessment of trends in educational attainment by family wealth and suggests that we should be at least as concerned about growing wealth gaps in education. Despite overall growth in educational attainment and some signs of decreasing wealth gap…
Intergenerational Wealth Mobility and Racial Inequality
The black-white gap in household wealth is large and well documented. Here, we visualize how this racial wealth gap persists across generations. Animating the flow of individuals between the relative wealth position of parents and their adult children, we show that the disadvantage of black families is a consequence both of wealth inequality in prior generations and race differences in the transmission of wealth positions across generations: Blac…
The Longitudinal Revolution: Sociological Research at the 50-Year Milestone of the Panel Study of Income Dynamics
The US Panel Study of Income Dynamics (PSID) celebrated its 50th anniversary in 2018. Initially designed to assess the nation's progress in combatting poverty, PSID's scope broadened quickly to a variety of topics and fields of inquiry. To date, sociologists are the second-most frequent users of PSID data after economists. Here, we describe the ways in which PSID's history reflects shifts in social science scholarship and funding priorities over …
Avoiding material hardship: The buffer function of wealth
We assess how a variety of disruptive life-course events impact the economic wellbeing of US households and trace the importance of household wealth in helping families who experience these events avoid entering a spell of material hardship. Using longitudinal data from two panels of the Survey of Income and Program Participation (SIPP), we draw on direct measures of material hardship, disruptive events and household assets. Our analyses reveal t…
The Wealth Inequality of Nations
Comparative research on income inequality has produced several frameworks to study the institutional determinants of income stratification. In contrast, no such framework and much less empirical evidence exist to explain cross-national differences in wealth inequality. This situation is particularly lamentable as cross-national patterns of inequality in wealth diverge sharply from those in income. We seek to pave the way for new explanations of c…
The U.S. Wealth Distribution: Off the Charts
Although extreme and rising levels of U.S. wealth inequality have generated much public and scientific interest, building intuition on the shape and scale of today’s wealth distribution remains difficult. Prior research tends to conceptualize and measure wealth inequality in one of two ways: As the concentration of assets among the superwealthy (i.e., wealth concentration among the top 1 percent or even top 0.1 percent) or as a population-wide ph…
The Future Strikes Back: Using Future Treatments to Detect and Reduce Hidden Bias
Conventional advice discourages controlling for postoutcome variables in regression analysis. By contrast, we show that controlling for commonly available postoutcome (i.e., future) values of the treatment variable can help detect, reduce, and even remove omitted variable bias (unobserved confounding). The premise is that the same unobserved confounder that affects treatment also affects the future value of the treatment. Future treatments thus p…
Beyond the Diagonal Reference Model: Critiques and New Directions in the Analysis of Mobility Effects
Over the past decade there has been a striking increase in the number of quantitative studies examining the effects of social mobility, with almost all based on the diagonal reference model (DRM). We make four main contributions to this rapidly expanding literature. First, we show that under plausible values of mobility effects, the DRM will, in many cases, implicitly force the underlying mobility linear effect toward zero. In addition, we show b…
Methodological Frontiers in Intergenerational Mobility Research
This special issue of Sociological Methods & Research presents a collection of papers that develop a range of new statistical approaches and empirical insights on intergenerational mobility. The papers in the special issue involve four broad themes: the development of new statistics to characterize mobility, the exploration of methods to establish causal explanations, the enrichment of statistical models to better characterize heterogeneity in mo…
Economics (17 works) · Demographic economics (13 works) · Sociology (13 works) · Economic growth (11 works) · Intergenerational and Educational Inequality Studies (11 works) · Inequality (10 works) · Psychology (9 works) · Political science (7 works) · Demography (6 works) · National wealth (6 works)