Wealth Concentration in the U.S. After Augmenting the Upper Tail of the Survey of Consumer Finances. Bricker, J., Hansen, P., & Volz, A. H. 184:1–4.
Paper doi abstract bibtex We augment SCF wealth data with a Pareto distribution and also by adding wealth of the Forbes 400 (who are excluded in SCF sampling). The wealth share of the top 1% typically increases by 1.5 percentage points under each correction.
@article{brickerWealthConcentrationAugmenting2019,
title = {Wealth {{Concentration}} in the {{U}}.{{S}}. {{After Augmenting}} the {{Upper Tail}} of the {{Survey}} of {{Consumer Finances}}},
author = {Bricker, Jesse and Hansen, Peter and Volz, Alice Henriques},
date = {2019},
journaltitle = {Economics Letters},
volume = {184},
pages = {1--4},
issn = {0165-1765},
doi = {10.1016/J.ECONLET.2019.108659},
url = {https://doi.org/10.1016/j.econlet.2019.108659},
abstract = {We augment SCF wealth data with a Pareto distribution and also by adding wealth of the Forbes 400 (who are excluded in SCF sampling). The wealth share of the top 1\% typically increases by 1.5 percentage points under each correction.},
keywords = {Methods of Estimation of Wealth Inequality},
file = {C\:\\Users\\lukis\\AppData\\Roaming\\Zotero\\Zotero\\Profiles\\h20ej2eu.default\\zotero\\storage\\UID4BP99\\Bricker et al_2019_Wealth Concentration in the U.pdf}
}
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