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 … wealth shares recovered in the early 1980s, but they are still much lower in 2000 than in the early decades of the century …

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 …

This paper describes the real wealth accumulation of American youth and relates this behavior to variations in real … price have two offsetting effects on wealth. First, the greater the local constant-quality price of housing, the greater the … wealth needed to meet the lender imposed down payment constraint if housing demand is price inelastic. However, increased …

Equity in housing is a major component of household wealth in the United States. Steady gains in housing prices over … the last several decades have generated large potential gains in household wealth among homeowners. Mankiw and Weil (1989 …

, increased wealth in the rich country can stunt investment in the poor country …

Using administrative wealth records from Denmark, we study the effects of wealth taxes on wealth accumulation. Denmark … used to impose one of the world's highest marginal tax rates on wealth, but this tax was drastically reduced and ultimately … abolished between 1989 and 1997. Due to the specific design of the wealth tax, these changes provide a compelling quasi …

median wealth plummeted by 44 percent over years 2007 to 2010. The inequality of net worth, after almost two decades of … in median net worth and the rise in overall wealth inequality over these years are largely traceable to the high leverage … of middle class families and the high share of homes in their portfolio. Mean and median wealth rebounded from 2010 to …

Inequality in wealth among elderly households, and in particular the prevalence of very low wealth holdings, can be an … levels of financial and total wealth using repeated cross-sections of the Health and Retirement Study (HRS) and a small … longitudinal sample of HRS respondents observed both at age 65 and shortly before death. Most of those who report very low wealth …