This pioneering volume uses modern statistical and simulation techniques to explain the process of wealth transmission and the persistent problem of the unequal distribution of wealth. These papers reflect a shift from the traditional cross-sectional measurement to an intertemporal focus by...

Modeling the Distribution and Intergenerational Transmission of Wealth; Contents; Introduction; 1. Long-Term Trends in American Wealth Inequality; 2. The Wealth of Testators and Its Distribution: Butler County, Ohio, 1803-65; 3. The Perpetuation of Wealth: A Simulation Model; 4. The Importance of...