US household real net worth through the Great Recession and beyond: Have we recovered?

Lucia Dunn () and Randall Olsen

Economics Letters, 2014, vol. 122, issue 2, 272-275

Abstract: Household data adjusted for inflation show that net worth is still below its pre-Great Recession levels, unlike aggregate Federal Reserve data. Poorer and younger households both lost and recovered more net worth percentage-wise. Financial assets have recovered more than non-financial assets.

Keywords: Net worth; Great recession; Financial assets; Non-financial assets (search for similar items in EconPapers)
JEL-codes: D31 E01 (search for similar items in EconPapers)
Date: 2014
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Citations: View citations in EconPapers (2)

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Persistent link: https://EconPapers.repec.org/RePEc:eee:ecolet:v:122:y:2014:i:2:p:272-275

DOI: 10.1016/j.econlet.2013.12.007

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