The Great Recession and Material Hardship
Little research looks at the relationship between macroeconomic indicators and material hardship. High unemployment rates as a result of economic downturns are likely to lead to lost income, increased poverty, and material hardship. We examine the effect of the unemployment rate on hardship – food insecurity, difficulty paying bills, housing insecurity, unmet medical needs, and having utilities cut off – and investigate the role that government safety nets play in mitigating the effects of unemployment on the experience of material hardship. We use data from the Fragile Families and Child Well-being Study. The latest wave of data was collected during the Great Recession, the worst recession since the Great Depression, providing a unique opportunity to look at how high unemployment rates affect the well-being of low income families.
|Date of creation:||May 2011|
|Date of revision:|
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- Susan E. Mayer & Christopher Jencks, 1989. "Poverty and the Distribution of Material Hardship," Journal of Human Resources, University of Wisconsin Press, vol. 24(1), pages 88-114.
- Rebecca Blank, 1985.
"Disaggregating the Effect of the Business Cycle on the Distribution of Income,"
569, Princeton University, Department of Economics, Industrial Relations Section..
- Blank, Rebecca M, 1989. "Disaggregating the Effect of the Business Cycle on the Distribution of Income," Economica, London School of Economics and Political Science, vol. 56(222), pages 141-63, May.
- Rebecca M. Blank, 1987. "Disaggregating the Effect of the Business Cycle on the Distribution of Income," NBER Working Papers 2397, National Bureau of Economic Research, Inc.
- James X. Sullivan & Lesley Turner & Sheldon Danziger, 2008. "The relationship between income and material hardship," Journal of Policy Analysis and Management, John Wiley & Sons, Ltd., vol. 27(1), pages 63-81.
- Craig Gundersen & James Ziliak, 2004. "Poverty and macroeconomic performance across space, race, and family structure," Demography, Springer, vol. 41(1), pages 61-86, February.
- R Haveman & J Schwabish, 2000. "Has Macroeconomic Performance Regained Its Antipoverty Bite?," Contemporary Economic Policy, Western Economic Association International, vol. 18(4), pages 415-427, October.
- Roderick Rose & Susan Parish & Joan Yoo, 2009. "Measuring Material Hardship among the US Population of Women with Disabilities Using Latent Class Analysis," Social Indicators Research, Springer, vol. 94(3), pages 391-415, December.
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