DOWNLOAD A FREE DIGITAL COPY

The 2008 financial crash and the ensuing Great Recession resulted from decades of unconstrained excess and failures of risk management on Wall Street and complacency in Washington. While the 2010 Dodd-Frank Act sought to curtail these abuses, more work remains to be done. This issue of RSF, edited by Michael S. Barr, sets out proposals for comprehensive financial reform. Contributors suggest how to improve financial regulation, make markets more resilient, and increase protections for consumers and investors in order to lower the likelihood of a future crisis.

Several contributors evaluate the Dodd-Frank bill which mandated greater federal oversight of banks, increased regulation of credit rating agencies, and established the Consumer Financial Protection Bureau (CFPB), among other measures. Martin Baily and coauthors conclude that measures that require greater transparency and oversight in derivatives transactions have made financial institutions more resilient. Yet, the bill’s attempts to consolidate the fragmented financial regulatory system have not gone far enough.

Lauren Willis argues that instead of simply issuing disclosures, financial service providers should be required to meet more rigorous performance standards, such as proving through third-party testing that customers understand their fees and surcharges. John Macey advocates reforms that would afford home mortgage borrowers the same protections as investors in the securities market, including regulations that prevent brokers from encouraging borrowers to refinance their mortgages to collect fees.

The issue also addresses global financial regulation. Viral Achara examines the financial sectors in the U.S., Europe, and Asia, and assesses their vulnerability to capital shortfalls in the event of a future crisis. Niamh Moloney finds that institutions established in the wake of the crash, such as the European Supervisory Authorities, have improved European-level prudential and consumer financial regulations and have the potential to increase the EU’s influence in international financial governance.

The effects of the financial crisis continue to reverberate around the world today. Together, the articles in this issue document the steps necessary for creating a more robust financial system that works better for all consumers, investors and the financial system itself.

DOWNLOAD A FREE DIGITAL COPY

From school and residential segregation to increased pollution and aggressive policing in low-income neighborhoods, socioeconomic inequality is organized and reinforced through space and place. In this issue of RSF, editors George Galster and Patrick Sharkey and contributors present a new conceptual model for understanding space as one of the foundations of inequality. They bring together empirical research on neighborhoods, schools, and communities to demonstrate the extent to which people’s environments influence their life chances.

Articles in this issue explore the scale and dimensions of spatial inequality. Sean Reardon and coauthors develop a novel method of describing the joint distribution of race and income among neighborhoods. They demonstrate how blacks and Hispanics at all income levels typically live in substantially poorer neighborhoods than whites and Asians of the same income. Ann Owens investigates the relationship between residential segregation and school boundaries and finds that because parents often decide where to live based on school districts, school-age children live in more segregated neighborhoods than adults on the whole. John Hipp and Charis Kubrin examine how changes in the racial, ethnic, and economic composition of the areas that surround a given neighborhood affect it, and find that when inequality rises in a neighborhood’s surrounding areas, crime tends to increase in that neighborhood.

Other contributors study how space serves to maintain or reproduce inequalities. Anna Maria Santiago and coauthors find that neighborhood conditions—including racial and socioeconomic makeup and levels of violent crime—affect the chances that black and Latino youths will engage in risky behaviors, such as running away and using marijuana. For instance, low-income African American youths who live in neighborhoods inhabited by higher status residents are less likely to run away from home. Christopher Browning and coauthors examine the extent to which people of different socioeconomic status share space in their day-to-day lives, including working, shopping, and spending leisure time. They find that families of higher socioeconomic status are less likely to share common spaces with neighbors of any class, in part because they have more choice and control over where they go.

As the articles in this issue show, space is a core dimension of social stratification and is fundamental to understanding social and economic inequality.

DOWNLOAD A FREE DIGITAL COPY

The Great Recession was the most disastrous economic upheaval in the U.S. since the Great Depression. Nearly nine million jobs were lost, median family incomes declined by about 8 percent, and the rate of long-term unemployment reached historic highs. Although the recession was officially declared over in June 2009, its effects on the labor market lingered long after. In this issue of RSF, edited by Arne L. Kalleberg and Till M. von Wachter, scholars analyze the longer-term impacts of the Great Recession on jobs, workers, and economic security.

Contributors explore a number of changes to the labor market and union density during and after the Great Recession. Jesse Rothstein investigates the factors contributing to persistently high unemployment and finds that reduced employer demand for workers was more important than labor mismatch—or unemployed workers lacking the appropriate skills for available jobs. Ruth Milkman and Stephanie Luce find increased hostility to unions among employers and steep job losses in traditionally unionized industries, both of which constricted organized labor during and after the Great Recession.

Other articles examine the effects of job loss on unemployed individuals’ mental health and family lives. Kelsey J. O’Connor finds that declining income and rising unemployment contributed to the lowest level of reported happiness in 2010, particularly for men, older people, and Hispanics. William Dickens and coauthors evaluate families’ ability to weather job losses during the Great Recession by relying on savings and find that most had insufficient wealth to buffer large earnings losses for more than a short period of time. Gokce Basbug and Ofer Sharone explore the extent to which the negative emotional toll of long-term unemployment is shaped by gender and marital status. They find that marriage tends to boost the well-being of both men and women during times of unemployment. Among married men, however, this benefit disappeared when controlling for household income, suggesting that the benefits of marriage are related more to additional income than to other forms of intangible or emotional support.

The duration and severity of the Great Recession sets it apart from earlier economic downturns and, as this issue shows, it has had long-term consequences for workers and their families. 

DOWNLOAD A FREE DIGITAL COPY

Today, an estimated 11.3 million undocumented immigrants live in the U.S. Most have family members who are citizens or lawful permanent residents, and over half have lived here for at least thirteen years. Yet, the threat of deportation and lack of citizenship rights have profound effects on the well-being of both undocumented individuals and their families. In this issue of RSF, editors Roberto G. Gonzales and Steven Raphael and an interdisciplinary team of scholars examine the lives of undocumented immigrants and the challenges that confront them.

Caitlin Patler and Nicholas Branic find that undocumented individuals in immigrant detention facilities that are privately operated are less likely to be visited by family members than those in county or city jails, in part because private facilities have restricted visiting hours and are more difficult to access via public transportation. Lauren Heidbrink finds that unaccompanied minors in the custody of the Office of Refugee Resettlement (ORR) are less likely to be released to guardians or reunited with family members because ORR standards are much tougher than those used by child protective services for minor citizens.

Lauren E. Gulbas and Luis H. Zayas find that many children with undocumented parents experience symptoms of anxiety and depression due to fears about their parents’ status. Yet, increased access to financial, educational, legal, and other immigration-related resources for these families can help buffer these children against trauma related to deportation and family separations. Susan K. Brown and Alejandra J. Sanchez focus on children with undocumented mothers and show that because having an undocumented mother is associated with a reduction in children’s years of schooling, it also indirectly lowers their levels of voting, activism, and political awareness as young adults.

Although undocumented immigrants are more enmeshed in the U.S. than they have been in the past, their status prevents further integration into society. This issue reveals the consequences of illegality not just for undocumented immigrants, but also for their families and their communities.

DOWNLOAD A FREE DIGITAL COPY

Each year, gun homicides kill over ten thousand people in the United States. While most guns are initially purchased legally, many enter the underground market and end up in the hands of dangerous offenders, such as gang members and convicted felons. This issue of RSF, edited by public policy scholars Philip J. Cook and Harold A. Pollack, brings together eight articles exploring the markets for guns, both legal and illegal. The contributors draw from new datasets and interviews with inmates to examine how offenders obtain guns. By turning a spotlight on these little-understood supply chains, these chapters provide guidance for stemming the flow of guns to the underground market.

Cook and Pollack initiate the discussion with a comprehensive introduction that includes an original framework for understanding the legality of transactions that arm dangerous offenders. Several contributors review trends in gun ownership across the nation and investigate how guns enter the underground market. Deborah Azrael and coauthors conduct a comprehensive survey of gun owners and find 270 million guns in private circulation. They estimate that 70 million firearms changed hands during a recent five-year period. Most of those transactions were sales by licensed dealers; Garen Wintemute reports on a survey of dealers that assesses the wide disparities among them as sources of guns to offenders. Charles Wellford and coauthors use trace data and prison interviews to study how criminals obtain their guns in three jurisdictions that differ widely with respect to gun regulations and culture.

Other contributors explore the effects of gun regulations and legislation on illegal supply chains. Daniel Webster and coauthors study the effects of Maryland’s 2013 Firearm Safety Act, which required all handgun purchasers to obtain a license. They find that 41 percent of surveyed parolees reported that it was more difficult to obtain a handgun after the law passed due to increased cost, lack of trusted sources, or people being less willing to buy handguns on their behalf. Analyzing over three decades of data on handguns recovered in Boston, Anthony Braga shows that fewer guns are illegally obtained from states that adopt legislation restricting buyers to one gun per month. George Tita and co-authors report the results of an inmate survey in Los Angeles in which they explored respondents’ knowledge of gun laws. These findings suggest that laws aimed at legal gun transactions may also decrease the entry of guns into the underground market.

The rate of gun violence in the U.S. surpasses that of any other advanced nation. This issue of RSF offers new empirical research on the underground market that arms dangerous criminals and provides a rich foundation for policies designed to curb gun violence.

DOWNLOAD A FREE DIGITAL COPY

In 1967, President Lyndon B. Johnson established the National Advisory Commission on Civil Disorders to investigate the causes of the more than 150 urban riots sweeping cities throughout the nation. In 1968, the commission released its findings, widely known as the Kerner Report, and warned that the nation was “moving toward two societies, one black, one white—separate and unequal.” This special issue of RSF, edited by political scientist Susan Gooden and economist Samuel Myers, revisits the Kerner Report’s conclusions and recommendations on the fiftieth anniversary of its publication. How far have we come? What worked and what didn’t? How does the Kerner Report help us understand racial disparities in the twenty-first century?

Articles in the issue examine the extent to which the recommendations in the Kerner Report contributed to policy changes and improvements in the social and economic well-being of urban residents . In their introduction, Gooden and Myers analyze changes in socioeconomic inequality between whites and blacks over the last five decades. They find that while the black poverty rate has declined and black educational attainment has increased, disparities still remain. Additionally, the income gap and disparities in unemployment between blacks and whites remain virtually unchanged. Rick Loessberg and John Koskinen similarly note the persistence of these disparities, but also show that some of the Kerner Report’s recommendations were adopted at local levels and have provided the foundation for increased racial diversity in media, law enforcement reforms, and public housing desegregation.

Other contributors study the urban areas that were sites of the riots. Reynolds Farley shows that in Detroit, residential segregation has declined and interracial marriage has increased over the last fifty years. However, on key economic measures such as income and wealth, African Americans have fallen even further behind whites than they were in 1967 due to dramatic changes in Detroit’s labor market. In their study of wealth inequality in Los Angeles, Melany De La Cruz-Viesca and coauthors show that much of the wealth gap between blacks and whites is due to disparities in home ownership, a subject neglected in the Kerner Report. Marcus Casey and Bradley Hardy study the evolution of African American neighborhoods since the Kerner Report and find that neighborhoods directly affected by riots in the 1960s still remain among the most economically disadvantaged today.

The Kerner Report endures as a classic touchstone in the nation’s search for a path toward equality. Together, the articles in this special issue demonstrate the long-term influence of the report and show where further progress is needed to close the racial divide.

DOWNLOAD A FREE DIGITAL COPY

Since the 1960s, the United States has undergone a profound demographic transformation due to increased immigration from Asia, Latin America, the Caribbean, and elsewhere. Today immigrants and their U.S.-born children represent approximately 25 percent of the population, or more than 85 million people. How has immigration changed the way that both newcomers and the native-born understand what it means to be American? This issue of RSF, edited by immigration scholars Kay Deaux, Katharine Donato, and Nancy Foner investigates how immigration has shaped the way longer-established Americans, as well as immigrants and their children, see themselves and others in terms of race, ethnicity, and national identity -and also considers the implications for intergroup relations.

Several articles explore how immigrants negotiate their positions in the racial hierarchy and how they perceive themselves in relation to native-born groups. Michael Jones-Correa and coauthors find that while Mexican immigrants are more likely to identify as Americans the more they report positive interactions with both native-born whites and blacks, Indian immigrants’ identification with being American is largely shaped by positive interactions just with whites. Prema Kurien shows that in response to the wave of hate crimes after 9/11, Sikh Americans sought to be recognized as an American religious minority, as well as an ethnic group distinct from Indian Americans. In their study of the children of immigrants in middle adulthood, Cynthia Feliciano and Rubén G. Rumbaut find that some second-generation immigrants retain a strong attachment to an ethnic identity into their late thirties, but that ethnic identification for others wanes as their social identities as parents, workers, or spouses become more important.

Other contributors investigate the extent to which longer-established Americans respond to increased immigration. Maureen Craig and Jennifer Richeson show that whites living in areas with large or increasing racial minority populations are more likely to believe that anti-white discrimination is on the rise. Deborah Schildkraut and Satia Morotta similarly find that when millennials—particularly those who identify as white and Republican—are exposed to information on the changing racial makeup of the U.S., they express more conservative political views.

At a time when questions of immigration and national identity are at the forefront of our political and public discourse, understanding how immigrants and their offspring influence—and are influenced by—conceptions of race and identity is critical for social scientists. This issue provides key insights into the challenges of a rapidly changing population.

DOWNLOAD A FREE DIGITAL COPY

Poverty, discrimination, and other social and economic inequalities have serious consequences for individuals’ physical and mental well-being. Recently, social scientists have collaborated with biological scientists to better understand the mechanisms that reproduce social stratification within and across generations. In this issue of RSF, edited by sociologist Kathleen Mullan Harris and anthropologist Thomas McDade, a multi-disciplinary group of scholars integrate theory, data, and methods from the social and biological sciences to advance our understanding of how social and biological processes interact to shape individuals’ health outcomes and life chances.

Several articles explore the effects of disadvantage and discrimination on individuals’ health. Douglas Massey and colleagues find that residential segregation and concentrated poverty—which disproportionately affects African Americans—contribute to more rapid cellular aging, a condition associated with a higher risk of disorders such as diabetes and heart disease. Bridget Goosby and colleagues track the sleep patterns of adolescents, and find that compared to their white peers, African American and biracial youth who report experiencing frequent discrimination have worse sleep, which is associated with longer-term negative physical and mental health outcomes.

Other contributors explore the extent to which social and family environments influence biological processes. Yang Qu and colleagues study the cognitive development of Mexican American youth, focusing on the hippocampus, a region of the brain that produces improved memory and learning. They find that teens who were able to navigate between the cultural values of their parents and fitting in with their peers had different hippocampus volume, and higher academic achievement. Other researchers explore the relationship between individuals’ genes and their environments. Melinda Mills and colleagues examine the role of genes in reproductive behavior. They find that while social and behavioral factors are strongly associated with when mothers first give birth and how many children they have, genetic factors are related to other fertility traits, such as childlessness and menopause.

The findings in this issue demonstrate the value of integrating the social and biological sciences for understanding how biological mechanisms influence, and are influenced by, socioeconomic conditions and lay the foundation for further advances in biosocial scholarship.

DOWNLOAD A FREE DIGITAL COPY

Today there are over 40 million immigrants living in the United States, most of whom come seeking work to improve their earnings and living conditions. Depending on their education and skills, their social networks, government regulations, and other factors, immigrant groups tend to concentrate in specific sectors of the labor market. The articles in this special issue of RSF, edited by sociologist Susan Eckstein and economist Giovanni Peri, explore how new immigrant groups navigate the opportunities and constraints presented by various niches in the labor market and how they influence the economic and social fabric of American society.

Several articles survey the history of immigrant labor market niches and how they have affected local economies. Siobhan O’Keefe and Sarah Quincy investigate a labor niche—farming— created by Russian Jews in rural New Jersey in the nineteenth century that revitalized local markets and reduced the outmigration of natives from the area. Zai Liang and Bo Zhou study the occupational niches held by Chinese immigrants from the turn of the century to present day. They show that restaurants have historically provided, and continue to provide, a major source of employment for low-skilled Chinese immigrants and that these immigrants tend to use new job-finding services such as employment agencies and internet advertising. These services have also allowed Chinese-owned restaurants to expand into new geographical locations.

Other contributors analyze the divisions between high and low-skill labor market niches. In his ethnographic study of restaurants in Los Angeles, Eli Wilson finds that Mexican immigrants primarily work “back of the house” jobs performing low-wage manual labor with few opportunities for advancement, while English-speaking whites hold higher-paid “front of the house” jobs interacting with customers. However, bilingual second-generation Latinos are often able to bridge these two roles, increasing their chances for promotions and greater job responsibilities. Yasmin Ortiga explores the effects of programs designed to recruit middle-skill nurses from the Philippines. She finds that because the U.S. only accepts a certain number of nurses, these programs have contributed to an oversupply of trained nurses in the Philippines and increased joblessness and underemployment there.\

Together, the studies in this issue contribute to a deeper understanding of how and why new immigrants gravitate to specific lines of work. They also reveal how these labor niches influence markets both within the U.S. and abroad.

DOWNLOAD A FREE DIGITAL COPY

DOWNLOAD A FREE DIGITAL COPY

Over 40 million Americans live in poverty with limited opportunities for upward mobility. With an economy characterized by large numbers of unstable and low-wage jobs, a fraying social safety net, and stagnant wages, what public policy reforms might increase the number of low-income families and individuals escaping poverty? This special double issue of RSF, edited by poverty researchers Lawrence M. Berger, Maria Cancian, and Katherine A. Magnuson, includes many innovative, evidence-based anti-poverty policy propos-als crafted by leading social science researchers and policy analysts.

The first issue highlights initiatives that restructure tax and transfer programs to extend greater support to low-income families, regard-less of work status. H. Luke Shaefer and colleagues would replace the current child tax credit and child tax exemption in the federal income tax with an unconditional unihttps://www.russellsage.org/sites/default/files/2026-04/RSF_journal_4_2… child allowance. They estimate that this would reduce child poverty by about 40 percent. Maria Cancian and Daniel Meyer propose a new child support initiative that institutes a guaranteed minimum monthly support payment for every child living with a single parent, using public funds to bridge the gap when that amount exceeds what the noncustodial parent can reasonably pay. Sara Kimberlin and colleagues propose a renter’s tax credit in the federal income tax for poor households facing increasing rental costs that would benefit 70 percent of renters struggling with high rents.

The second issue analyzes policies that would reduce the extent of low-wage work by boosting education, training, and access to better jobs. Teresa Eckrich Sommer and colleagues propose expanding the Head Start program to combine parental education, job training, and employment opportunities along with existing early childhood education programs to better serve the needs of both parents and children. Mark Paul and colleagues propose a federal jobs guarantee of full-time employment, at a living wage and with benefits, for all adults seeking work. Diana Strumbos and colleagues propose a national community college program, based on a successful model used by the City University of New York, to provide disadvantaged students who enroll full-time with advising, academic, career, and financial supports.

Together, the policies proposed in this double issue provide an evidence-based blueprint for anti-poverty reforms that would benefit millions of people in need.