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Differential Effects of the Great Recession by Household Type

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  • Olga Zakrevskaya
  • Sharon Mastracci

Abstract

Economists do not have a sufficiently clear grasp of how inequality and debt affect business cycles. These authors lay the important groundwork, providing solid new evidence as to how inequality can contribute to less stability.

Suggested Citation

  • Olga Zakrevskaya & Sharon Mastracci, 2013. "Differential Effects of the Great Recession by Household Type," Challenge, Taylor & Francis Journals, vol. 56(6), pages 87-114.
    • Handle: RePEc:mes:challe:v:56:y:2013:i:6:p:87-114
    DOI: 10.2753/0577-5132560604
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    References listed on IDEAS

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    4. Congressional Budget Office, 2011. "Trends in the Distribution of Household Income Between 1979 and 2007," Reports 42729, Congressional Budget Office.
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    21. Emmanuel Saez, 2012. "Striking it Richer: The Evolution of Top Incomes in the United States (Updated with 2009 and 2010 estimates)," Technical Notes 201202, World Inequality Lab.
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    Cited by:

    1. Aboohamidi, Abbas & Chidmi, Benaissa, 2015. "Changes in the Wealth of American Households during the 2007-2009 Financial Crisis in the U.S," 2015 AAEA & WAEA Joint Annual Meeting, July 26-28, San Francisco, California 205451, Agricultural and Applied Economics Association.

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