@techreport{Brickeretal2021,
  type = {Finance and {{Economics Discussion Series}}},
  title = {A Wealth of Information: Augmenting the Survey of Consumer Finances to Characterize the Full {{U}}.{{S}}. Wealth Distribution},
  author = {Bricker, Jesse and Goodman, Sarena and Moore, Kevin B. and Volz, Alice Henriques},
  year = {2021},
  month = jun,
  number = {2021-053},
  institution = {{Board of Governors of the Federal Reserve System}},
  doi = {10.17016/FEDS.2021.053},
  url = {https://doi.org/10.17016/FEDS.2021.053},
  abstract = {We use the Survey of Consumer Finances (SCF) to advance U.S. wealth analysis along several dimensions. We develop a comprehensive framework that modifies the SCF to recover the wealth distribution over families, tax units, and individuals from 1989 to 2019. We show that, by ignoring unequal holdings within families, existing estimates considerably understate U.S. inequality across individuals. We find wealth concentration rose through the recent economic recovery, which differs from leading models that capitalize income into wealth even after aligning conceptual differences. We illustrate that private businesses are a growing impediment to accurately modeling wealth from income.},
  keywords = {Trends in Aggregate Wealth and Wealth Inequality},
  url_file = {Brickeretal2021.pdf},
  url_accessible_version_of_figures = {https://bibbase.org/network/publication/bricker-goodman-moore-volz-awealthofinformationaugmentingthesurveyofconsumerfinancestocharacterizethefulluswealthdistributionaccessibleversionoffigures-2021}
}

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