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Next Brown Bag

Mon, March 9
Luigi Pistaferri, Consumption Inequality and Family Labor Supply

Fabian T. Pfeffer photo

Wealth after the Great Recession: Who Lost and Who Recovered?

a PSC Research Project

Investigators:   Fabian T. Pfeffer, Sheldon H. Danziger, Robert F. Schoeni

This project investigates the heterogeneous changes in family income and wealth that occurred during the Great Recession and its aftermath, drawing on newly available national data from the Panel Study of Income Dynamics. Analyses include how the Great Recession altered the distribution of net worth and different types of assets and how these changes differed by families' long-term economic position and demographic characteristics. The study identifies family characteristics/events that made families vulnerable to wealth losses and those that facilitated family recovery. It also assesses intergenerational correlations in wealth trajectories during and following the Great Recession.

Funding Period: 09/01/2012 to 03/31/2015

Country of Focus: USA

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