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Recent work has documented a rising degree of wealth inequality in the United States between 1983 and 1998. In this … data on the distribution of wealth between 1983 and 1998. We find that polarization between homeowners and tenants, as well … as among different educational groups, continuously increased from 1983 to 1998, while polarization by income classes …
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The standard official measure of household economic well-being in the United States is gross money income. The general … measure to account for one such determinant: household wealth. We then analyze the level and distribution of economic well … household wealth to household income considerably increases measured inequality and the share of income from wealth in …
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Asset prices plunged between 2007 and 2010 but then rebounded from 2010 to 2016. The most telling finding is that median wealth plummeted by 44 percent over years 2007 to 2010. The inequality of net worth, after almost two decades of little movement, went up sharply from 2007 to 2010, and...
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