The Great Recession and Economic Resilience
A Longitudinal Analysis of Low-Income Households in the United States
Bibliographic Data
| ID | 11215430 |
|---|---|
| Authors | R Joseph (0000-0002-1642-5762, California State University, San Bernardino, corresponding author) |
| Year | 2021 |
| Volume | 47 |
| Issue | 6 |
| Pages | 886-897 |
| Publication date | 2021-11-02 |
| Open Access | No |
| Type | ARTICLE |
| Venue | Journal of Social Service Research (JOURNAL) |
| Journal identifiers | ISSN: 0148-8376 • E-ISSN: 1540-7314 |
| Publisher | Informa UK Limited (PUBLISHER • GB) |
| DOI | 10.1080/01488376.2021.1942394 |
| OpenAlex | W3181391606 |
| Language | EN |
| Citations received | 5 |
| References cited | 40 |
This paper examined the extent to which low-income households in the United States recovered from the Great Recession. Using the 2008 Survey of Income and Program Participation Panel, this longitudinal study traced the footsteps of 7,755 low-income households between 2008 and 2013. This study also compared poor households with their near-poor counterparts with respect to economic resilience vis-à-vis the recession. Descriptive statistics showed that just 41 percent of the sample reached economic resilience in 2013, while multivariate logistic regression results indicated that poor households were 33 percent less resilient than near-poor households. This study holds major implications for policy and research. In fact, macro-level policy changes can have micro-level effects. Because stimulus packages are rare policy interventions, policymakers should ensure that such emergency-type of policy infusion works, including for those at the bottom of the economic pyramid. Meanwhile, by revealing how financial crises and recovery efforts impact disadvantaged populations, the findings in this study have implications for future research. Through their longitudinal focus on disaster relief and economic resilience among low-income households, these findings contribute to the existing literature. As the United States is recovering from the Covid-19 pandemic, this study can serve as a reference point for future research
Demographic economics · Descriptive statistics · Development economics · Disadvantaged · Economic growth · Economic recovery · Economics · Great recession · Labour economics · Poverty · Psychological resilience · Recession · Socioeconomics · Employment and Welfare Studies · Psychological Well-being and Life Satisfaction · Psychology · Regional resilience and development
The General Theory of Employment
The Under-Reporting of Transfers in Household Surveys
Recessionary Shocks and Regional Employment
Ecological Resilience—In Theory and Application
Recessions, recoveries and regional resilience
Migration and fiscal policy as factors explaining the labour-market resilience of UK regions to the Great Recession
Regional resilience across Europe
Material hardship in the United States
Poverty, Welfare, and Self-Sufficiency
Resilience and Mimetic Behavior
Child Poverty, the Great Recession, and the Social Safety Net in the United States
The Bitter Pill
Does receipt of public benefits reduce material hardship in low-income families with children
The economic safety net for low-income families with children
Concurrent Participation in Federally-Funded Welfare Programs and Empowerment Toward Economic Self-Sufficiency
Shifting family definitions
The Supplemental Nutrition Assistance Program and Material Hardships among Low-Income Households with Children
Two Steps Forward, One Step Back
Surviving the Great Recession
Disaster Preparation and Recovery
The Great Recession and the Social Safety Net
Wealth Disparities Before and After the Great Recession
Private Financial Transfers, Family Income, and the Great Recession
The welfare/self-sufficiency gap among single mothers through theoretical lenses
Single mother families and employment, race, and poverty in changing economic times
| Citations per year | 2.5 |
|---|---|
| Citation span | 2024 - 2025 (2) |
| Highly cited | No |