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The Asset Price Meltdown and the Wealth of the Middle Class

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NBER2012-11-01 更新2025-01-04 收录
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https://www.nber.org/papers/w18559
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I find that median wealth plummeted over the years 2007 to 2010, and by 2010 was at its lowest level since 1969. The inequality of net worth, after almost two decades of little movement, was up sharply from 2007 to 2010. Relative indebtedness continued to expand from 2007 to 2010, particularly for
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2012-11-01
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