This paper presents new homogeneous series on top wealth shares from 1916 to 2000 in the United States using estate tax return data. Top wealth shares were very high at the beginning of the period but have been hit sharply by the Great Depression, the New Deal, and World War II shocks. Those...

This paper presents new homogeneous series on top wealth shares from 1916 to 2000 in the United States using estate tax return data. Top wealth shares were very high at the beginning of the period but have been hit sharply by the Great Depression, the New Deal, and World War II shocks. Those...

Using panel data on individual earnings histories from 1957 to 2013, we document empirical facts about the distribution of lifetime earnings in the United States. First, from the cohort that entered the labor market in 1957 to the cohort that entered in 1983, median lifetime earnings of men...