In this video presentation Ray Boshara of the Federal Reserve Bank of St. Louis explains how household financial stability has changed in the United States. He shows how education, age, and racial identity influence financial stability and wealth.  This presentation was given at the Prosper...

The research and policy symposium on income volatility was held on March 9, 2018, in Toronto, Ontario. Speakers from Canada and the United States present on key research findings on the nature of income and expense volatility in the early 21st Century. Speakers also suggest policy solutions to...

This is a brief presentation by Ray Boshara from the Federal Reserve Bank of St. Louis. It shows data from the Survey of Consumer Finances "financial health scorecard." Results show the disparities in wealth for already vulnerable families, and differences by age, ethnicity, and education. No...

Young adulthood is the life stage when the greatest increases in income and wealth typically occur, yet entering into this period during the Great Recession has put Millennials on a different trajectory. As a result, this generation will need to make very large gains in the years ahead to...