international bailout in 2010. Given the economic collapse, Ireland provides an ideal case-study of the link between wealth … this massive fall in wealth, measures of health and well-being remained broadly unchanged. However, expectations about …

The answer is that people's evaluations of their income situation are based on different considerations when the … of others undercuts the tendency for happiness to grow with an increase in one's own income, and happiness remains fairly … for income evaluations turns inward. "Financial hardship", the shortfall from one's own previous peak income, takes over …

. We find that changes in base income, taxes, and income from nonhome wealth during the Great Recession produced declines …The Great Recession had a tremendous impact on low-income Americans, in particular black and Latino Americans. The … losses in terms of employment and earnings are matched only by the losses in terms of real wealth. In many ways, however …

-satisfaction after the recession, whereas younger working-aged adults did not. The disparate effects by age cannot be explained by income … or unemployment trends, but may be explained by wealth effects. For example, we find that the life satisfaction of those … approaching retirement age, but not of younger working-age adults, is closely correlated with wealth indices (e.g., the Case …

This paper studies the effects of quantitative easing on income and wealth of individual euro area households. The … which key variables affecting household income and wealth are included, such as the unemployment rate, wages, interest rates …-form simulation on micro data from the Household Finance and Consumption Survey, capturing the income composition, the portfolio …

This chapter reviews empirical estimates of differential income and consumption growth across individuals during … recessions. Most existing studies examine the variation in income and consumption growth across individuals by sorting on ex ante … or contemporaneous income or consumption levels. We build on this literature by showing that differential shocks to …

not experienced since the Great Depression. Concerns have arisen over the impacts on young adults' employment, income …, wealth, and living arrangements, and about whether these young adults constitute a "scarred generation" that will suffer …