Description

Book Synopsis
Among the middle class, the debt-income ratio has reached its highest level in 24 years. Additionally, the racial and ethnic disparity in wealth holdings, after stabilising during most of the 1990s, widened in the years between 1998 and 2001, but then narrowed during the early and mid-2000s. This book presents topical research in the study of the economics of wealth in the 21st century. Topics discussed include recent trends in household wealth in the U.S.; the black-white wealth gap and wealth management.

Economics of Wealth in the 21st Century

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    A Hardback by Jason M Gonzalez

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      Publisher: Nova Science Publishers Inc
      Publication Date: Publication Date: 20/06/2011
      ISBN13: 9781611228052, 978-1611228052
      ISBN10: 1611228050
      Also in:
      Economics

      Description

      Book Synopsis
      Among the middle class, the debt-income ratio has reached its highest level in 24 years. Additionally, the racial and ethnic disparity in wealth holdings, after stabilising during most of the 1990s, widened in the years between 1998 and 2001, but then narrowed during the early and mid-2000s. This book presents topical research in the study of the economics of wealth in the 21st century. Topics discussed include recent trends in household wealth in the U.S.; the black-white wealth gap and wealth management.

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