Who Are the Hand-to-Mouth?
---- Acknowledgments ----
We thank Nataliya Gimpelson, Stephan Gordeev, and Federico Kochen for excellent research assistance on this project. We also thank Martin Blomhoff Holm, Matthew Knowles, Gianluca Violante, and Ivan Werning for their helpful comments. The views expressed herein are those of the authors and do not necessarily reflect the views of the National Bureau of Economic Research.