[PDF.03rd] Finance and Economics Discussion Series: Currents and Undercurrents: Changes in the Distribution of Wealth, 1989-2004

Finance and Economics Discussion Series: Currents and Undercurrents: Changes in the Distribution of Wealth, 1989-2004

[PDF.bj41] Finance and Economics Discussion Series: Currents and Undercurrents: Changes in the Distribution of Wealth, 1989-2004

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 |  2013-02-06 | Original language:English | PDF # 1 |  9.69 x.13 x7.44l,.28 | File type: PDF | 62 pages

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This paper considers changes in the distribution of the wealth of U.S. families over the 1989-2004 period using data from the Survey of Consumer Finances (SCF). Real net worth grew broadly over this period. At the same time, there are indications that wealth became more concentrated, but the result does not hold unambiguously across a set of plausible measures. For example, the Gini coefficient shows significant increases in the concentration of wealth from 1989 to 2004,...

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