Wealth Trends in the United States During the Great Recession and Recovery, 2001–2016

Edward N. Wolff

    Research output: Chapter in Book/Report/Conference proceedingChapter

    Abstract

    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.

    Original languageEnglish (US)
    Title of host publicationSocial Indicators Research Series
    PublisherSpringer Nature
    Pages485-503
    Number of pages19
    DOIs
    StatePublished - 2019

    Publication series

    NameSocial Indicators Research Series
    Volume76
    ISSN (Print)1387-6570
    ISSN (Electronic)2215-0099

    Keywords

    • Inequalities
    • Middle class
    • Recession
    • Wealth distribution

    ASJC Scopus subject areas

    • General Social Sciences
    • Arts and Humanities (miscellaneous)
    • Developmental and Educational Psychology
    • Health Professions (miscellaneous)

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