Original paper
Higher economic inequality intensifies the financial hardship of people living in poverty by fraying the community buffer
Abstract
The current research investigates whether higher economic inequality disproportionately intensifies the financial hardship of low-income individuals. We propose that higher economic inequality increases financial hardship for low-income individuals by reducing their ability to rely on their community as a buffer against financial difficulties. This may occur, in part, because a frayed community buffer reduces low-income individuals’ propensity...
Paper Details
Title
Higher economic inequality intensifies the financial hardship of people living in poverty by fraying the community buffer
Published Date
Mar 30, 2020
Journal
Volume
4
Issue
7
Pages
702 - 712
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Notes
History