Home > Events & News > Brown Bag Schedule . Archive

PSC In The News

RSS Feed icon

Inglehart says shaky job market for millennials has contributed to their disaffection

Stephenson says homophobia among gay men raises risk of intimate partner violence

Frey says having more immigrants with higher birth rates fills need in the US

More News

Highlights

Savolainen wins Outstanding Contribution Award for study of how employment affects recidivism among past criminal offenders

Giving Blueday at ISR focuses on investing in the next generation of social scientists

Pfeffer and Schoeni cover the economic and social dimensions of wealth inequality in this special issue

PRB Policy Communication Training Program for PhD students in demography, reproductive health, population health

More Highlights

Next Brown Bag

Mon, Jan 23, 2017 at noon:
H. Luke Shaefer

story art

Pfeffer says housing bubble masked decade-long growth in household net worth inequality

a PSC In The News reference, 2014

"The Typical Household, Now Worth a Third Less" - New York Times. 07/26/2014.

This story reports on a recent Russell Sage-funded study highlighting the growth of economic inequality in the U.S. The investigators, Fabian Pfeffer, Sheldon Danziger, and Robert Schoeni, found that net worth declined 36% 2003-2013 for households at the median level, but rose 14% during the same period for households in the top 5%. Although household wealth at the median level appeared to be rising until 2007, much of that gain came from rising home values. Pfeffer, lead author of the study report, says: "The housing bubble basically hid a trend of declining financial wealth at the median that began in 2001."

Related journal article

Researchers:

Fabian T. Pfeffer
Robert F. Schoeni
Sheldon H. Danziger

More Media Coverage:

Washington Post. The middle class is 20 percent poorer than it was in 1984. 7/29/2014.

Business Insider. American Families Haven't Made Much Of A Comeback Since The Great Recession. 7/29/2014.

View News Archive