bequests as potential determinants of the high level of wealth concentration in the US. Analyzing the joint distribution of …. Nonetheless, concentration of labor earnings is the primary source of wealth concentration in the US. This finding reflects the … high correlation between earnings and wealth in the data, as well as the fact that earnings are a major source of income …

This paper examines the association between stock market return expectations and financial wealth holdings of older … of positive stock market return were positively associated with greater financial wealth holdings among households. Our … financial wealth holdings of households. African Americans, Hispanics, and other races were negatively associated with the …

other sources, this paper presents seven economic facts about the racial wealth gap in the U.S. We present data on racial … between Black households and White households. While none of the economic factors listed fully explains the racial wealth gap …, each factor, along with a history of racism and discrimination has contributed to the extreme wealth inequality in America …

SIPP data are used to analyze the wealth of the U.S. foreign-born population. We find that the median wealth level of U ….S.-born couples is 2.3 times the median of foreign-born couples, while the median wealth level of U.S.-born singles is three times … that of foreign-born singles. Further, there is a great deal of diversity in wealth within the immigrant population …

their wealth ownership. Using data from the Household Finance and Consumption Survey (HFCS), we document a positive average … migrant wealth gap between migrant and native households. However, the raw gap is almost negligible for second generation … migrant households, whereas it rises across the unconditional net wealth distribution for first generation migrant households …

remain. This is particularly true for the distribution of net wealth which is of special importance for the well-being of … individuals. Wealth provides utility in a number of ways, for instance, by acting as a buffer against negative income shocks …. Using the wealth component of the German Socio-Economic Panel (GSOEP), we find that, on average, members of western …