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Finance and Economics Discussion Series: The Finances of American Households in the Past Three Recessions: Evidence from the Survey of Consumer Financ by Kevin B. Moore, Michael G. Palumbo, United States Federal Reserve Board - Paperback
60.90 درهم

Finance and Economics Discussion Series: The Finances of American Households in the Past Three Recessions: Evidence from the Survey of Consumer Financ by Kevin B. Moore, Michael G. Palumbo, United States Federal Reserve Board - Paperback

كن أول من يقيِّم هذا المنتج 

60.90 درهم 

  - ستوفر -60.90 درهم
الأسعار تشمل ضريبة القيمة المضافة  التفاصيل
رقم ال ISBN
9781288704620
الفئات
سياسة
الكاتب
Kevin B. Moore, Michael G. Palumbo, United States Federal Reserve Board
الناشر
Bibliogov
الوصف:

The downturn in economic activity in the U.S. that began in December 2007 (as determined by researchers with the National Bureau of Economic Research) has been noticeably deeper and has already lasted considerably longer than the prior two recessions--those beginning in July 1990 and in March 2001. In addition, a key difference between the current and the past two recessions is the extent ...

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حالة السلعة:
جديدة
البائع:
InternationalBookStore (87% تقييم ايجابي)

معلومات المنتج

  •  

    المواصفات

    رقم ال ISBN
    9781288704620
    الفئات
    سياسة
    الرقم المميز للسلعة
    2724354410046
    المؤلفين
    الكاتب
    Kevin B. Moore, Michael G. Palumbo, United States Federal Reserve Board
    المؤلفين
    الناشر
    Bibliogov
    رقم ال ISBN
    9781288704620
    الفئات
    سياسة
    الرقم المميز للسلعة
    2724354410046
    المؤلفين
    الكاتب
    Kevin B. Moore, Michael G. Palumbo, United States Federal Reserve Board
    المؤلفين
    الناشر
    Bibliogov
    معلومات تقنية
    غلاف الكتاب
    غلاف عادي
    اللغات والبلدان
    لغة الكتاب
    الانجليزية
    إقرأ المزيد
  •  

    الوصف:

    The downturn in economic activity in the U.S. that began in December 2007 (as determined by researchers with the National Bureau of Economic Research) has been noticeably deeper and has already lasted considerably longer than the prior two recessions--those beginning in July 1990 and in March 2001.

    The downturn in economic activity in the U.S. that began in December 2007 (as determined by researchers with the National Bureau of Economic Research) has been noticeably deeper and has already lasted considerably longer than the prior two recessions--those beginning in July 1990 and in March 2001. In addition, a key difference between the current and the past two recessions is the extent to which consumer spending and residential investment have dropped since late 2007--that is, the extent to which the household sector appears to have "led" the drop in aggregate economic activity in this recession. This paper uses household-level data from the Federal Reserve Board's series of Surveys of Consumer Finances to document three factors that appear to have contributed to greater financial stress in the household sector in the current downturn compared with the prior two: 1) substantial and widespread reductions in home values that resulted in sizable erosions of home equity and net worth for many homeowners; 2) markedly expanded holdings of corporate equity among middle-income households which lost significant market value, on net, as stock prices sunk; and, 3) greater debt on household balance sheets and overall financial vulnerability around the onset of the 2008-09 recession, particularly for those in the middle of the income distribution.

    خصائص المنتج:
    • الفئات: سياسة
    • غلاف الكتاب: غلاف عادي
    • لغة الكتاب: الانجليزية
    • الكاتب: Kevin B. Moore, Michael G. Palumbo, United States Federal Reserve Board
    • الناشر: Bibliogov
    • رقم ال ISBN: 9781288704620
    • عدد الصفحات: 44
    • لأبعاد (الارتفاع*العرض*العمق): 9.69 x 7.44 x 0.09 inches
 

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