I find that median wealth plummeted over the years 2007 to 2010, and by 2010 was at its lowest level since 1969. The … in real terms by 25 percent. The sharp fall in median wealth and the rise in inequality in the late 2000s are traceable … ethnic disparity in wealth holdings, after remaining more or less stable from 1983 to 2007, widened considerably between 2007 …

economic theory that have been absent in a number of prior studies. Our estimates take into account age composition and wealth … to be "trading down" on their housing stock, experience the largest housing wealth effects, as suggested by theory. Also …, as suggested by theory, housing wealth effects are higher in state-years with higher housing wealth shares, and in state …

wealth transfer and these accounted for about a quarter of their net worth. Over the lifetime, about 30 percent of households … could expect to receive a wealth transfer and these would account for close to 40 percent of their net worth near time of … the SCF reporting a wealth transfer fell by 2.5 percentage points. The average value of inheritances received among all …

We estimate the level and distribution of global household wealth. The levels of assets and debts for 39 countries are …-financial assets, and liabilities are studied empirically, and the results used to estimate average wealth holdings for countries … lacking direct evidence. Data on the pattern of household distribution of wealth are assembled for 20 countries, which …

' stock, their earnings and their wealth. Two major datasets are employed: the NBER Shared Capitalism Research Project … suggests that company stock ownership substantially raises total employee wealth, though it appears to have little effect on … the overall distribution of wealth. These results suggest that employee ownership tends to raise both ownership stakes and …

We present a mechanism to analytically generate a double Pareto distribution of wealth in a continuous time OLG model …. We disentangle, roughly, the contribution of inheritance, age and stochastic rates of capital return to wealth inequality …, in particular to the Gini coefficient. We investigate the role of the fiscal and redistributive policies for wealth …

The extent of and changes in inter-generational mobility of wealth are central to understanding dynamics of wealth …-made wealth in the economy and thus the gender-composition of the wealthiest may serve as a proxy for inter-generational wealth … mobility. This proxy for "dynastic wealth'' suggests that wealth mobility in the past century decreased until the 1970s and …

more than 15,000 households interviewed during the 1860 federal census exhibit sharp differences in wealth holdings between … between wealth and the recorded household characteristics, and decompose the wealth gaps into treatment and characteristic … effects. In addition to higher wealth holdings of white households as compared to free African-Americans in general, there are …

In this paper, we attempt to explain differences between the US and UK household wealth distributions, with an emphasis … wealth, British households hold relatively small amounts of financial assets - including equities in stock - compared to … fraction of their household wealth is concentrated in houseing. Finally, the age gradient in home equity appears to be much …

reveal a complexion gap in wealth accumulation. Mulattoes acquired more property than blacks, particularly at the upper end … of the wealth distribution. Thus, an analysis of data included in the 1860 census implies a complex social hierarchy … based on subtle gradations in skin color. At the upper end of the wealth distribution, light-complected mulattoes …