Wealth trends in the United States during the Great Recession and recovery, 2001-2016

The last two decades have seen major economic changes with the Great Recession and Recovery. The present paper aims at investigating how the net worth, wealth portfolio and the wealth distribution, which are related to well-being, have evolved in the United States between 2001 and 2016. The data sho...

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Veröffentlicht in:Wealth(s) and subjective well-being
1. Verfasser: Wolff, Edward N. (VerfasserIn)
Format: UnknownFormat
Sprache:eng
Veröffentlicht: 2019
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Zusammenfassung:The last two decades have seen major economic changes with the Great Recession and Recovery. The present paper aims at investigating how the net worth, wealth portfolio and the wealth distribution, which are related to well-being, have evolved in the United States between 2001 and 2016. The data show a collapse of the middle class and a failure to recover, most likely leading to a decrease in SWB.
ISBN:9783030055349
3030055345