[PDF.52kt] Finance and Economics Discussion Series: A Rolling Tide: Changes in the Distribution of Wealth in the U.S., 1989-2001
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Finance and Economics Discussion Series: A Rolling Tide: Changes in the Distribution of Wealth in the U.S., 1989-2001
Arthur B. Kennickell
[PDF.xz62] Finance and Economics Discussion Series: A Rolling Tide: Changes in the Distribution of Wealth in the U.S., 1989-2001
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| 2013-02-06 | Original language:English | PDF # 1 | 9.69 x.12 x7.44l,.26 | File type: PDF | 56 pages|
Over the period from 1989 to 2001, wealth in real terms grew broadly across U.S. families. Characterizing distributional changes is much more complex, and much more dependent on the specific questions asked. For example, there is evidence both from Forbes data on the 400 wealthiest Americans and from the SCF, which explicitly excludes families in the Forbes list, that wealth grew relatively strongly at the very top of the distribution. At the same time, the share of tota...
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