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Financial Well-Being of Individuals Living in Areas with Concentrated Poverty

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  • Jeff Larrimore

Abstract

Much of the attention to income inequality and poverty is focused on individual level circumstances. However, researchers have also observed that living in an area of concentrated poverty may result in additional disadvantages to individuals beyond that which results from their own individual poverty status.

Suggested Citation

  • Jeff Larrimore, 2015. "Financial Well-Being of Individuals Living in Areas with Concentrated Poverty," FEDS Notes 2015-11-24, Board of Governors of the Federal Reserve System (U.S.).
  • Handle: RePEc:fip:fedgfn:2015-11-24
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