Wolff, Edward; Gittleman, Maury - In: Journal of Economic Inequality 12 (2014) 4, pp. 439-468
Using data from the Survey of Consumer Finances (SCF), we found that on average over the period from 1989 to 2007, about one fifth of American households at a given point of time reported a wealth transfer and these accounted for quite a sizeable figure, about a quarter of their net worth. Over...