Abstract

http://ssrn.com/abstract=480342
 
 

Citations (4)



 


 



Financial Collapse and Class Status: Who Goes Bankrupt?


Elizabeth Warren


Harvard Law School


Osgoode Hall Law Review, Vol. 41, No. 1, p. 114, Spring 2003

Abstract:     
Every policy prescription, economic analysis, or news report about consumer bankruptcy rests on one or another unspoken image of the estimated 1.6 million families that will file in a single year. Data from the 2001 Consumer Bankruptcy Project permit a systematic analysis of the composition of those who file for personal bankruptcy, focusing on their educations, occupations and home ownership status. These attributes serve as a proxy for class identification. Based on these indicia, more than 90 percent of the families in bankruptcy qualify as middle class. These data are a powerful reminder that whatever else might be said about those in bankruptcy, these people are not some sub-group of Americans safely distanced from the middle class, but instead are co-workers, neighbors and families woven throughout the fabric of American society.

Number of Pages in PDF File: 28

Accepted Paper Series





Download This Paper

Date posted: December 27, 2003  

Suggested Citation

Warren, Elizabeth, Financial Collapse and Class Status: Who Goes Bankrupt?. Osgoode Hall Law Review, Vol. 41, No. 1, p. 114, Spring 2003. Available at SSRN: http://ssrn.com/abstract=480342 or http://dx.doi.org/10.2139/ssrn.480342

Contact Information

Elizabeth Warren (Contact Author)
Harvard Law School ( email )
1575 Massachusetts
Hauser 406
Cambridge, MA 02138
United States
617-495-3101 (Phone)
617-496-6118 (Fax)
Feedback to SSRN


Paper statistics
Abstract Views: 4,133
Downloads: 535
Download Rank: 28,955
Citations:  4

© 2014 Social Science Electronic Publishing, Inc. All Rights Reserved.  FAQ   Terms of Use   Privacy Policy   Copyright   Contact Us
This page was processed by apollo7 in 0.297 seconds