Recent Trends in Household Wealth in the United States: Rising Debt and the Middle-Class Squeeze—An Update to 2007

By Edward N. Wolff. 2010

307 citations recorded by the source corpus.

Subfields: Economics and Econometrics, Finance

View Paper: https://www.semanticscholar.org/paper/ba9e22f3dbeac9b2ae089783295282af9a8e5fa1

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Citations in the corpus

Did Inequality Cause the U.S. Financial Crisis (2014, unknown): “Wolff (2010) reports that the debt-to-equity and debt-to-income ratios have declined from 1983 to 2007 for the top 1 per cent of the wealth distribution, but increased for the next 19 per cent and the middle quintiles.”
Rising inequality as a cause of the present crisis (2015, background): “Wolff (2010) offers extensive analysis of primary data.”
It's the Market: The Broad-Based Rise in the Return to Top Talent (2013, background): “Wolff (2010, 2012) compiles and compares the evidence.”
Substitutes or Complements? A Configurational Examination of Corporate Governance Mechanisms (2014, background): “…who typically serve as directors (i.e., current or retired business executives) put them among the top 1% of the income distribution in the United States (Bakija, Cole, & Heim, 2010), and the average net worth of those among the top 1% is around $18 million dollars (in 2007; Wolff, 2010).”
Wage stagnation, rising inequality and the financial crisis of 2008. (2013, background): “The remaining 90 percent owned only 10.6 percent (Wolff 2010: Table 9: 52).”
Financialization and the global economy (2010, background): “Evidence for the early 2000s, however, suggests that the debt burden has grown fastest for middle class households (Wolff 2009).”
The Emergence of a Finance Culture in American Households, 1989-2007 (2015, background): “In credit markets, real median household debt levels increased 179% from 1989 to 2007 as consumers took on an ever-wider array of loans (Wolff, 2010).”
The Suffocation of Marriage: Climbing Mount Maslow Without Enough Oxygen (2014, background): “For example, between 1983 and 2007, the ownership of U.S. wealth increased from 68.2% to 73.1% among the wealthiest 10% of American households, whereas it decreased from 6.1% to 4.2% among the poorest 60% of American households (Wolff, 2010).”