Abbott, Brant; Gallipoli, Giovanni - 2019 - This draft: February 17, 2019
on inequality, but this effect has waned over time due to the growing importance of assets in lifetime wealth portfolios … wealth portfolios. We estimate the distribution of human wealth using nonparametric identification results that allow for … processes or utility. Accounting for the value of human capital delivers a different view of inequality: (i) in 2016 the top 10 …