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median wealth plummeted by 44 percent over years 2007 to 2010, almost double the drop in housing prices. The inequality of … indebtedness. The sharp fall in median net worth and the rise in overall wealth inequality over these years are traceable primarily … disparity in wealth also widened considerably. Households under age 45 saw their relative and absolute wealth declined sharply …
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Using the 2006 and 2010 Health and Retirement Study, we explore how the recent recession impacted the wealth holding … household asset ownership, asset wealth and household retirement behavior varied with the nativity of the household and its … standing in the wealth distribution prior to the onset of the recession. We find that the so-called Great Recession made a …
Persistent link: https://www.econbiz.de/10011288760
median wealth plummeted by 44 percent over years 2007 to 2010, almost double the drop in housing prices. The inequality of … indebtedness. The sharp fall in median net worth and the rise in overall wealth inequality over these years are traceable primarily … disparity in wealth also widened considerably. Households under age 45 saw their relative and absolute wealth declined sharply …
Persistent link: https://www.econbiz.de/10012457933
investigating how the net worth, wealth portfolio and the wealth distribution, which are related to well-being, have evolved in the …
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The asset composition of wealth can explain the uneven impact of recessions on household net worth …
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