Wealth Inequality: Data and Models

Wealth Inequality: Data and Models. Cagetti, M. & De Nardi, M. 2006.

Wealth Inequality: Data and Models [link]

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.

@unpublished{
 title = {Wealth Inequality: Data and Models},
 type = {unpublished},
 year = {2006},
 identifiers = {[object Object]},
 keywords = {Determinants of Wealth and Wealth Inequality,Methods of Estimation of Wealth Inequality},
 pages = {1–45},
 websites = {http://doi.org/10.3386/w12550},
 institution = {National Bureau of Economic Research},
 series = {NBER Working Paper Series},
 revision = {12550},
 id = {09a754a2-38b1-31d8-840e-3b991ffcc242},
 created = {2020-04-20T18:54:07.910Z},
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 abstract = {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.},
 bibtype = {unpublished},
 author = {Cagetti, Marco and De Nardi, Mariacristina}
}

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