I discuss available evidence about the evolution of top wealth shares in the United States over the last one hundred … increase in wealth concentration and the other two methods showing at best a small increase. I discuss strengths and weaknesses … incomes and the increased importance of self-made wealth may explain difficulties in implementing each of the methods and …

median wealth plummeted by 44 percent over years 2007 to 2010, almost double the drop in housing prices. The inequality of … indebtedness. The sharp fall in median net worth and the rise in overall wealth inequality over these years are traceable primarily … disparity in wealth also widened considerably. Households under age 45 saw their relative and absolute wealth declined sharply …

wealth inequality. The tax system is today operating to entrench the system of advantage based on race that centuries of … racial exploitation and unequal access to wealth created. As the future face of the nation becomes less White, the U.S. tax … taxation over the past 40 years — both a long-term sociological view (the why) of the historical racialization of wealth and a …

Using data from the Survey of Consumer Finances, this paper updates and extends previous research on the racial wealth … gap in the United States. We explore several hypotheses that help explain differential wealth accumulation by racial … to the literature. We find that observable factors account for the entire wealth gap between white and Hispanic families …

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 …

In this paper, we attempt to explain differences between the US and UK household wealth distributions, with an emphasis … wealth, British households hold relatively small amounts of financial assets - including equities in stock - compared to … fraction of their household wealth is concentrated in houseing. Finally, the age gradient in home equity appears to be much …

Equity in housing is a major component of household wealth in the United States. Steady gains in housing prices over … the last several decades have generated large potential gains in household wealth among homeowners. Mankiw and Weil (1989 …

magnitude of intergenerational transfers provides aid in determining how much outstanding wealth is obtained through … intergenerational transfers, an issue of current controversy. In both Japan and the United States, a substantial portion of wealth, and …

States. However, these illiquid, non-market forms of wealth are typically excluded from measures of net worth. To the extent … that these broadly held resources substitute for savings, measures of wealth inequality that do not account for DB pensions … and Social Security may be overstated. This paper develops an alternative, expanded wealth concept, augmenting precise net …