Child Poverty and the Great Recession in the United States
Hilary Hoynes and
Innocenti Working Papers
In the midst of the Great Recession, median real household income fell from $61,597 in 2007 to $57,025 in 2010 and $51,007 in 2012. Given that the effects of the Great Recession on unemployment were greater for less skilled workers the authors expect the effects of the Great Recession on household incomes to be larger in relative terms for individuals in the lower end of the income distribution. To explore this issue, in this paper, they comprehensively examine the effects of the Great Recession on child poverty.
Keywords: child well-being; economic and social conditions; economic crisis; monetary policy (search for similar items in EconPapers)
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