Wealth Inequality: Data and Models. Cagetti, M. & De Nardi, M. 2006.
Wealth Inequality: Data and Models [pdf]Paper  Wealth Inequality: Data and Models [link]Website  abstract   bibtex   
In the United States wealth is highly concentrated and very unequally distributed: the richest 1% hold one third of the total wealth in the economy. Understanding the determinants of wealth inequality is a challenge for many economic models. We summarize some key facts about the wealth distribution and what economic models have been able to explain so far.

Downloads: 0