The match between perception and reality can depend on many different elements across societies over time, but subjective and objective dimensions are both relevant particularly in social class analysis. The aim of this paper is to investigate perceived social position and income inequality in...

The aim of this paper is to provide some empirical evidence about black-white differentials in the distribution of income and wellbeing in three different countries: Brazil, US and South Africa. In all cases, people of African descent are in a variety of ways socially disadvantaged compared with...

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, these losses are merely a continuation of trends that have...

Defined benefit (DB) pensions and Social Security are two important resources for financing retirement in the United States. However, these illiquid, non-market forms of wealth are typically excluded from measures of net worth. To the extent that these broadly held resources substitute for...

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, these losses are merely a continuation of trends that have...

Defined benefit (DB) pensions and Social Security are two important resources for financing retirement in the United States. However, these illiquid, non-market forms of wealth are typically excluded from measures of net worth. To the extent that these broadly held resources substitute for...

One of our most influential progressive voices tells the story of the hollowing of the American middle class and lays out the choices that we must make now to ensure that the dream of prosperity can live on for generations. - Provided by the publisher.

"America is becoming a class-based society. It is now conventional wisdom to focus on the wealth of the top 1 percent-especially the top 0.01 percent-and how the ultra-rich are concentrating income and prosperity while incomes for most other Americans are stagnant. But the most important,...