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Asset Poverty in the United States, 1984-1999

Author

Listed:
  • Asena Caner
  • Edward Wolff
Abstract
Assets in the United States are distributed even more unequally than income, though they can be vital to an individual's standard of living. The authors present a comprehensive assessment of the distribution of assets in the United States and calculate an asset poverty line below which an individual cannot meet his or her basic needs.

Suggested Citation

  • Asena Caner & Edward Wolff, 2004. "Asset Poverty in the United States, 1984-1999," Challenge, Taylor & Francis Journals, vol. 47(1), pages 5-52.
  • Handle: RePEc:mes:challe:v:47:y:2004:i:1:p:5-52
    DOI: 10.1080/05775132.2004.11034235
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    Citations

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    Cited by:

    1. Florin O. Bilbiie & Roland Straub, 2013. "Asset Market Participation, Monetary Policy Rules, and the Great Inflation," The Review of Economics and Statistics, MIT Press, vol. 95(2), pages 377-392, May.
    2. Edward N. Wolff & Ajit Zacharias & Asena Caner, 2005. "Household wealth, public consumption and economic well-being in the United States," Cambridge Journal of Economics, Cambridge Political Economy Society, vol. 29(6), pages 1073-1090, November.
    3. Francisco Azpitarte, 2014. "Measurement and Identification of Asset-Poor Households: A Cross-National Comparison of Spain and the United Kingdom," LWS Working papers 17, LIS Cross-National Data Center in Luxembourg.
    4. Bilbiie, Florin O. & Straub, Roland, 2012. "Changes in the output Euler equation and asset markets participation," Journal of Economic Dynamics and Control, Elsevier, vol. 36(11), pages 1659-1672.
    5. Francisco Azpitarte, 2010. "Measuring poverty using both income and wealth: A cross-country comparison between the U.S. and Spain," Working Papers 153, ECINEQ, Society for the Study of Economic Inequality.
    6. Jun-Hong Chen & Chieh-Hsun Huang & Chi-Fang Wu & Melissa Jonson-Reid & Brett Drake, 2024. "The Application of Family Stress Model to Investigating Adolescent Problematic Behaviors: The Moderating Role of Assets," Journal of Family and Economic Issues, Springer, vol. 45(1), pages 174-183, March.
    7. Oliver Hümbelin & Lukas Hobi & Robert Fluder, 2021. "Rich Cities, Poor Countryside? Social Structure of the Poor and Poverty Risks in Urban and Rural Places in an Affluent Country. An Administrative Data based Analysis using Random Forest," University of Bern Social Sciences Working Papers 40, University of Bern, Department of Social Sciences, revised 10 Nov 2021.
    8. Bilbiie, Florin O., 2020. "The New Keynesian cross," Journal of Monetary Economics, Elsevier, vol. 114(C), pages 90-108.
    9. Francisco Azpitarte, 2008. "Measurement and Identification of Asset-Poor Households: A Cross-National Comparison of Spain and the United Kingdom," Working Papers 105, ECINEQ, Society for the Study of Economic Inequality.
    10. repec:rre:publsh:v:34:y:2004:i:2:p:137-55 is not listed on IDEAS

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