Home About Latest Browse RSS Advanced Search

Board of Governors of the Federal Reserve System (U.S.)
FEDS Notes
A Wealthless Recovery? Asset Ownership and the Uneven Recovery from the Great Recession
Lisa J. Dettling
Joanne W. Hsu
Elizabeth Llanes
Abstract

Data from the Federal Reserve Board's Survey of Consumer Finances indicate that although total household wealth has fully recovered from the Great Recession, there has been only modest growth for the vast majority of families since 2010, and most families have not recovered to pre-recession wealth levels. This uneven recovery is explained by declines in home and stock ownership, which have shown little signs of reversing; thus, these disparities appear poised to persist.


Download Full text
Cite this item
Lisa J. Dettling & Joanne W. Hsu & Elizabeth Llanes, A Wealthless Recovery? Asset Ownership and the Uneven Recovery from the Great Recession, Board of Governors of the Federal Reserve System (U.S.), FEDS Notes 2018-09-13, 13 Sep 2018.
More from this series
JEL Classification:
Subject headings:
DOI: 10.17016/2380-7172.2249
For corrections, contact FRB Librarian ()
Fed-in-Print is the central catalog of publications within the Federal Reserve System. It is managed and hosted by the Economic Research Division, Federal Reserve Bank of St. Louis.

Privacy Legal