Household financial stability: who suffered the most from the crisis?
AbstractThe financial crisis and ensuing recession took a toll on just about everybody’s household wealth. Not surprisingly, the pain wasn’t evenly distributed. Those groups that are usually the most vulnerable in our society—young and middle-aged minority households—suffered the most, percentage-wise.
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Bibliographic InfoArticle provided by Federal Reserve Bank of St. Louis in its journal The Regional Economist.
Volume (Year): (2012)
Issue (Month): Jul ()
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- William R. Emmons & Bryan J. Noeth, 2013. "Why did young families lose so much wealth during the crisis? the role of homeownership," Review, Federal Reserve Bank of St. Louis, issue January, pages 1-26.
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