Measuring middle class economic security

Journal of Economic Issues

Volumn 43, Issue 2, 2009, Pages 327-336

  Weller, Christian ^a   Logan, Amanda ^b  

^a UNIVERSITY OF MASSACHUSETTS BOSTON   (United States)

^b CENTER FOR AMERICAN PROGRESS   (United States)

Author keywords

Consumer debt; Economic security; Family wealth; Income growth

Indexed keywords

EID: 70350438256     PISSN: 00213624     EISSN: None     Source Type: Journal    
DOI: 10.2753/JEI0021-3624430205     Document Type: Article

References (25)

1. Ausubel, Lawrence. "Credit Card Defaults, Credit Card Profits, and Bankruptcy." American Bankruptcy Law Journal, Vol.71, Spring (1997): 249-270.
2. Board of Governors, Federal Reserve System. "Flow of Funds Accounts of the United States, 2008, Release Z.1 Flow of Funds Accounts of the United States." Washington, DC: Board of Governors, Federal Reserve System, 2008a.
3. ---. "Survey of Consumer Finances." Washington, DC: Board of Governors, Federal Reserve System, 2008b.
4. ---. Charge-off and Delinquency Rates on Loans and Leases at Commercial Banks, Washington, DC: Board of Governors, Federal Reserve System, 2008c.
5. Boushey, Heather and Christian Weller. "Has Growing Inequality Contributed to Rising Household Economic Distress?" Review of Political Economy Vol.20, No.1 (2008):1-22.
6. Caner, Asena and Edward Wolff. "Asset Poverty in the United States, 1984-99: Evidence from the Panel Study of Income Dynamics." Review of Wealth and Income Vol.50, No.4 (2004): 493-518.
7. Chaterjee, Satyajit, Dean Corbae, Makoto Nakajima, Jose-Victor Rios-Rull. "A Quantitative Theory of Unsecured Consumer Credit Risk with Default" Federal Reserve Bank of Philadelphia Working Paper No.02-6. Philadelphia, PA: FRBP, 2002.
8. Gross, David and Nicholas Souleles. "An Empirical Analysis of Personal Bankruptcy and Delinquency." Financial Institutions Center Working Paper No. 98-28-B. Philadelphia, PA: The Wharton School, University of Pennsylvania, 1998.
9. Hacker, Jacob. The Great Risk Shift: The Assault on American Jobs, Families, Health Care, and Retirement And How You Can Fight Back. New York, NY: Oxford University Press, 2006.
10. Himmelstein, David, Elizabeth Warren, Deborah Thorne and Steffie Woolhandler. "Discounting The Debtors Will Not Make Medical Bankruptcy Disappear." Health Affairs 25 (2006): w84-w88.
11. Mann, Ronald. "Bankruptcy Reform and the 'Sweat Box' of Credit Card Debt." University of Illinois Law Review No.1 (2007): 375-403.
12. Mortgage Bankers Association. "National Delinquency Survey." Washington, DC: MBAA, 2008.
13. Purcell, Patrick. "Pension Sponsorship and Participation: Summary of Recent Trends." Congressional Research Service Report No. RL 30122. Washington, DC: Congressional Research Service, 2008.
14. Sherraden, Michael. "IDAs and Asset-Building Policy: Lessons and Directions." CSD Working Paper No.08-12. St. Louis, MO: Center for Social Development, George Warren Brown School of Social Work, Washington University in St. Louis, 2008.
15. Stavins, Joanna. "Credit Card Borrowing, Delinquency, and Personal Bankruptcy." New England Economic Review July/August (2000): 15-30.
16. Sullivan, Teresa, Elizabeth Warren, and Jay Westbrook. "Less Stigma or More Financial Distress: An Empirical Analysis of the Extraordinary Increase in Bankruptcy Filings." Stanford Law Review 59 (4) (2006): 213-256.
17. U.S. Census Bureau. Income, Poverty, and Health Insurance Coverage in the United States: 2007. Washington, DC: US Census Bureau, 2008
18. U.S. Department of Labor, Bureau of Labor Statistics, Current Employment Statistics. Washington, DC: U.S. Department of Labor, 2008a.
19. ---. Current Population Survey. Washington, DC: U.S. Department of Labor, 2008b.
20. Warren, Elizabeth. "The Growing Threat to the Middle Class." Brooklyn Law Review 69 (2004): 401.
21. Warren, Elizabeth and Amelia Warren Tyagi. The Two Income Trap: Why Middle Class Fathers and Mothers are Going Broke. New York, NY: Basic Books, 2003.
22. Weller, Christian and Amanda Logan. America's Middle Class Still Losing Ground. Washington, DC: Center for American Progress, 2008.
23. Weller, Christian, Bernard Morzuch and Amanda Logan. "Desperate vs. Deadbeat: Can We Quantify the Effect of the Bankruptcy Abuse Prevention and Consumer Protection Act of 2005?" PERI Working Paper No.185. Amherst, MA: Political Economy Research Institute, University of Massachusetts Amherst, 2008.
24. Weller, Christian and Kate Sabatini. "From Boom to Bust: Did the Financial Fragility of Homeowners Increase in an Era of Greater Financial Deregulation?" Journal of Economic Issues 42, 3 (2008): 607-632.
25. Weller, Christian and Eli Staub. Middle Class in Turmoil: Economic Risks Up Sharply for Most Families Since 2001. Washington, DC: Center for American Progress, 2006.