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Fading Hope in the US


Jo Ritzen


affiliation not provided to SSRN

Klaus F. Zimmermann


Institute for the Study of Labor (IZA); German Institute for Economic Research (DIW Berlin); University of Bonn; Journal of Population Economics; Centre for Economic Policy Research (CEPR)

IZA Discussion Paper No. 6340

Abstract:     
A substantial literature claims that the strong increase in inequality over the last decade in countries such as the US would lead to a collapse of society. Fading hopes in the population seem to confirm this. The paper rejects this interpretation since the decline in hopes cannot be traced back to rising inequality.

Number of Pages in PDF File: 11

Keywords: confidence, ethnicity, hope, human capital, income inequality

JEL Classification: D31, J15

working papers series


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Date posted: February 18, 2012  

Suggested Citation

Ritzen, Jo and Zimmermann, Klaus F., Fading Hope in the US. IZA Discussion Paper No. 6340. Available at SSRN: http://ssrn.com/abstract=2007331

Contact Information

Jo Ritzen (Contact Author)
affiliation not provided to SSRN ( email )
No Address Available
Klaus F. Zimmermann
Institute for the Study of Labor (IZA) ( email )
P.O. Box 7240
Bonn, D-53072
Germany
+49 228 3894 201 (Phone)
+49 228 3894 210 (Fax)
German Institute for Economic Research (DIW Berlin)
Mohrenstraße 58
Berlin, 10117
Germany
University of Bonn
Postfach 2220
Bonn, D-53012
Germany
Journal of Population Economics
Tiergartenstr. 17
D-69121 Heidelberg
Germany
Centre for Economic Policy Research (CEPR)
77 Bastwick Street
London, EC1V 3PZ
United Kingdom
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