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 … interest-bearing assets), wealth concentration estimates in 2011 fall from 40.5% to 33.9%. These estimates are consistent in …

conditional share of financial wealth in risky assets of those who actually hold them. The relevance of financial literacy as well … as confidence varies considerably with the distribution of wealth as well as across several socio-economic dimensions …

Empirical analysis of U.S. income, saving and wealth dynamics is constrained by a lack of high-quality and … Survey of Consumer Finances (SCF), which captures the top of the wealth distribution by sampling from administrative records …, capital gains, and interfamily transfers in wealth change over the lifecycle and across permanent income groups …

Several U.S. panel surveys measure household wealth. At the same time, many important questions about household wealth … hinders their usefulness for addressing these questions. We review the features of wealth data that make it difficult to …

Previous research indicates that changes in housing wealth affect consumer spending on cars. We find that home equity …