Showing 1 - 10 of 18
Persistent link: https://www.econbiz.de/10010417285
The share of wealth owned by top wealth-holders in the U.S. has been rising over the past few decades, though there is some debate about exactly how concentrated wealth is, and how fast those top wealth shares are rising
Persistent link: https://www.econbiz.de/10014031376
Persistent link: https://www.econbiz.de/10014091645
Using 2019 SCF data, we update estimates of the U.S. wealth and income distributions. These data indicate that wealth concentration in 2019 was similar to the levels seen in 2016 and near the historical high over the 1989–2019 period. Income concentration similarly remains high but declined...
Persistent link: https://www.econbiz.de/10014093180
Wealth concentration in the U.S. has increased over the past 25 years across multiple methodologies for measuring wealth. But the reasons for the increase—and the timing of the increase—are quite different. In this note, we show that most available estimates are fairly consistent in level...
Persistent link: https://www.econbiz.de/10014094552
New data from the 2019 Survey of Consumer Finances (SCF) show that long-standing and substantial wealth disparities between families in different racial and ethnic groups were little changed since the last survey in 2016; the typical White family has eight times the wealth of the typical Black...
Persistent link: https://www.econbiz.de/10014093170
Persistent link: https://www.econbiz.de/10011408535
Well known research based on capitalized income tax data shows robust growth in wealth concentration in the late 2000s. We show that these robust growth estimates rely on an assumption---homogeneous rates of return across the wealth distribution---that is not supported by data. When the...
Persistent link: https://www.econbiz.de/10011927154
Persistent link: https://www.econbiz.de/10011700335
Is the current mix of tax preferences for employer-sponsored pensions and individual retirement saving in the U.S. delivering the best possible retirement-preparedness across and within generations? Using data from the triennial Survey of Consumer Finances for 1989 through 2013, cohort-based...
Persistent link: https://www.econbiz.de/10013027338