TY - RPRT AU - Ritzen, Jo AU - Zimmermann, Klaus F. TI - Fading Hope in the US PY - 2012/Feb/ PB - Institute of Labor Economics (IZA) CY - Bonn T2 - IZA Discussion Paper IS - 6340 UR - https://www.iza.org/publications/dp6340 AB - 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. KW - confidence KW - ethnicity KW - hope KW - human capital KW - income inequality ER -