THE “MODEL MINORITY” MYTH: ASIAN AMERICAN MIDDLE CLASS BEFORE, DURING, AND AFTER THE GREAT RECESSION
Jessie X. Fan and
Hua Zan ()
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Jessie X. Fan: Department of Family and Consumer Studies, University of Utah, Alfred Emery Building 228, 225 S. 1400 E, Salt Lake City, UT 84112, USA
Hua Zan: Center on the Family, College of Tropical Agriculture and Human Resources, University of Hawaii at Manoa, 2515 Campus Road, Miller Hall 103, Honolulu, HI 96822, USA
The Singapore Economic Review (SER), 2019, vol. 64, issue 01, 23-39
Abstract:
Data from the Consumer Expenditure Survey (2003–2014) were used to both investigate trends in Asian American middle class status attainment before, during, and after the Great Recession and compare such attainment to that of non-Hispanic Whites. Using three different operational definitions of the middle class, we show that middle class size estimates during recession and post-recession were lower than pre-recession estimates for both Asian Americans and Whites. For all three periods, Asian Americans were substantially less likely to have achieved middle class status compared with Whites. The racial gap did not narrow or widen due to the Great Recession. Our analysis also found that basic demographic and socioeconomic differences explained a little over a quarter of this middle class attainment gap.
Keywords: Middle class; Asian Americans; Great Recession; Consumer Expenditure Survey (search for similar items in EconPapers)
Date: 2019
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Persistent link: https://EconPapers.repec.org/RePEc:wsi:serxxx:v:64:y:2019:i:01:n:s0217590817430044
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DOI: 10.1142/S0217590817430044
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