bequests as potential determinants of the high level of wealth concentration in the US. Analyzing the joint distribution of …. Nonetheless, concentration of labor earnings is the primary source of wealth concentration in the US. This finding reflects the … high correlation between earnings and wealth in the data, as well as the fact that earnings are a major source of income …

As the baby boomers begin to retire, a great deal remains unknown about the evolution of wealth toward the end of life … annuitized assets into an expected annual amount of wealth per person. We use this measure, which we call annualized … comprehensive wealth, to investigate spend-down behavior among older households in the Health and Retirement Study. Our analysis …