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Tossed and Turned : Wealth Dynamics of U.S. Households 2007-2009

Kennickell, Arthur B. - 2011

For many years, the cross-sectional Survey of Consumer Finances (SCF) has shown relatively weak or inconsistent changes in the shape of the distribution of net worth, despite many shifts in income and other economic factors. In 2009, households that had taken part in the 2007 SCF were...

Persistent link: https://www.econbiz.de/10013118410

The Post-Foreclosure Experience of U.S. Households

Molloy, Raven - 2011

Despite the recent flood of foreclosures on residential mortgages, little is known about what happens to borrowers and their households after their mortgage has been foreclosed. We study the post-foreclosure experience of U.S. households using a unique dataset based on the credit reports of a...

Persistent link: https://www.econbiz.de/10013118658

Household Mobility Over the Great Recession : Evidence from the U.S. 2007-09 Survey of Consumer Finances Panel

Bricker, Jesse - 2013

default, the relationship between negative equity and household mobility varies with households' exposure to adverse shocks …

Persistent link: https://www.econbiz.de/10013074321

The role of expectations in changed inflation dynamics

Pfajfar, Damjan; Roberts, John M. - 2018

The Phillips curve has been much flatter in the past twenty years than in the preceding decades. We consider two hypotheses. One is that prices at the microeconomic level are stickier than they used to be---in the context of the canonical Calvo model, firms are adjusting prices less often. The...

Persistent link: https://www.econbiz.de/10012016213

Perceptions and expectations of inflation by U.S. households

Axelrod, Sandor; Lebow, David E.; Peneva, Ekaterina V. - 2018

To better understand inflation expectations, we examine newly available data on U.S. households' inflation perceptions-what people think inflation has been in the past. The overarching summary is that inflation perceptions look similar to inflation expectations. The central tendencies of the...

Persistent link: https://www.econbiz.de/10012016383

Inequality and Poverty in the United States : The Aftermath of the Great Recession

Thompson, Jeffrey P. - 2013

This paper explores trends in inequality and poverty using both market and after-tax and transfer income in the period … during and after the Great Recession (through 2011). Using market income (or wages), inequality and poverty rose sharply … poverty increase was muted. Tax and transfer policies lowered inequality and poverty, but those policies were not equal across …

Persistent link: https://www.econbiz.de/10013074448