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Atif Mian

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person Amir Sufi
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HOUSE_OVERSIGHT_025786.jpg

This document is page 24 of a Standard & Poor's economic research report dated August 5, 2014, titled 'How Increasing Income Inequality Is Dampening U.S. Economic Growth.' It consists of a bibliography listing references (23 through 42) from various academic and economic sources, including the Census Bureau, Brookings Institution, and NBER. The document bears the Bates stamp 'HOUSE_OVERSIGHT_025786', indicating it was part of a document production for the House Oversight Committee, likely related to investigations involving financial institutions.

Research report / bibliography page
2025-11-19
Analysis Source

HOUSE_OVERSIGHT_025777.jpg

This document explores how income inequality negatively impacts U.S. economic growth by reducing aggregate demand, noting that lower-income households have a higher marginal propensity to consume but face borrowing constraints. It cites research indicating that overleveraging by low-income households contributed to the 2008 financial crisis and that the subsequent recovery has been slow due to significant wealth loss among the middle class compared to the top 10% of earners.

Economic research report page
2025-11-19
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