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Book Reviews.
- Source :
- Journal of Economic Literature; Jun2013, Vol. 51 Issue 2, p544-548, 5p
- Publication Year :
- 2013
-
Abstract
- Gregory Elliehausen of Board of Governors of the Federal Reserve System reviews, 'No Slack: The Financial Lives of Low-Income Americans.' by Michael S. Barr. The Econlit abstract of this book begins: 'Eleven papers explore the financial constraints and choices of low-income families and examine the ways that low-income families use services through both formal and informal financial institutions, focusing on households in the Detroit area. Papers discuss managing money; banking for all; preferences for plastic; which way to the bank?; borrowing to make ends meet; high-cost homeownership; living on the edge of bankruptcy; expensive tax refunds; paying to save; behaviorally informed regulation; and crisis and reform. Barr is Professor of Law at the University of Michigan Law School.' [ABSTRACT FROM AUTHOR]
- Subjects :
- POOR people
ECONOMIC history
NONFICTION
Subjects
Details
- Language :
- English
- ISSN :
- 00220515
- Volume :
- 51
- Issue :
- 2
- Database :
- Complementary Index
- Journal :
- Journal of Economic Literature
- Publication Type :
- Review
- Accession number :
- 88309720
- Full Text :
- https://doi.org/10.1257/jel.51.2.544.r1