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. Indebtedness, which fell substantially during the late 1990s, skyrocketed in the early 2000s. Among the middle class, the debt-to-income …
Persistent link: https://www.econbiz.de/10003727029
In this paper, we conduct the novel exercise of analyzing the relationship between overall wealth inequality and caste divisions in India using nationally representative surveys on household wealth conducted during 199192 and 200203. According to our findings, the groups in India that are...
Persistent link: https://www.econbiz.de/10003859968
-aughts; among the middle class, the debt-to-income ratio reached its highest level in 24 years. The concentration of investment …
Persistent link: https://www.econbiz.de/10003943163
The Great Recession had a tremendous impact on low-income Americans, in particular black and Latino Americans. The …. We find that changes in base income, taxes, and income from nonhome wealth during the Great Recession produced declines …
Persistent link: https://www.econbiz.de/10011591483
Official poverty thresholds are based on the implicit assumption that the household with poverty-level income possesses … individual approaches. I also propose a two-dimensional, time-income poverty measure that accounts for intrahousehold disparities …
Persistent link: https://www.econbiz.de/10009316264
capabilities (such as education and health status) may operate differently on growth than inequality in wages and income. This …
Persistent link: https://www.econbiz.de/10003288263
; income distribution ; leisure ; gender …
Persistent link: https://www.econbiz.de/10003346766
Over the last two decades, those at the bottom of the income scale have seen their incomes stagnate, while those at the … for those at the bottom of the income scale? Will ARRA reverse the upward trend in inequality that we have seen in the … creation, ARRA is likely to have little impact on overall income inequality, or on the income gaps between relatively …
Persistent link: https://www.econbiz.de/10003859979
This paper presents a comparative analysis of the approaches to poverty based on income and wealth that have been … proposed in the literature. Two types of approaches are considered: those that look at income and wealth separately when … argue that the higher correlation between income and wealth in the United States contributes to explaining the greater …
Persistent link: https://www.econbiz.de/10008657962
. -- shared societies ; economic inclusion ; institutions ; economic growth ; income distribution …
Persistent link: https://www.econbiz.de/10009704290