Subject Area



Family and cultural values shape the economic decisions of families, households, and communities. The thesis explores several of these themes. First, I study the intergenerational transmission of geography: how do parents' moving decisions affect their children's moving decisions and children's future income? Parents who move more have children who also move more and have larger household incomes, consumption, and education. I model the individual's adult moves as a function of their childhood moves. Next, I compare how family composition affects the ability of a family to smooth out income shocks -- keep a relatively constant level of consumption despite changes in the income level. Finally, I quantify household resilience by modeling and simulating the income shock recovery speed. I model the income dynamics as an auto-regressive process of log income while accounting for measurement error. I simulate income paths for each household, introduce a shock, and calculate the recovery proportions and times after a shock. Measurement error biases the recovery times downward. I find differential recovery times by demographic groups and decompose these demographic differences. This research is policy relevant to provide a method that will help policymakers determine who is at risk for lack of or slow recovery from income shocks.

Degree Date

Spring 5-13-2023

Document Type


Degree Name





Daniel Millimet

Second Advisor

Omer Ozak

Third Advisor

Rocio Madera

Fourth Advisor

Cullum Clark

Number of Pages




Creative Commons License

Creative Commons Attribution-Noncommercial 4.0 License
This work is licensed under a Creative Commons Attribution-Noncommercial 4.0 License

Available for download on Tuesday, May 02, 2028