Recent work has documented a rising degree of wealth inequality in the United States between 1983 and 1998. In this …) and further extended by D'Ambrosio (2001), we examine whether a similar pattern exists with regard to trends in wealth … data on the distribution of wealth between 1983 and 1998. We find that polarization between homeowners and tenants, as well …

Household savings rates in the United States have recently crept up from all-time lows. Some have suggested that a …, our model predicts that such primary savings will increase, but only temporarily and modestly, as household assets …