Kopczuk, Wojciech; Saez, Emmanuel - In: National Tax Journal 57 (2004) 2, pp. 445-87
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...