WEALTH INEQUALITY: DATA AND MODELS

被引:76
|
作者
Cagetti, Marco [2 ]
De Nardi, Mariacristina [1 ,3 ]
机构
[1] Fed Reserve Bank Chicago, Res Dept, Chicago, IL 60604 USA
[2] Fed Reserve Syst, Board Governors, Washington, DC USA
[3] NBER, Cambridge, MA 02138 USA
基金
美国国家科学基金会;
关键词
Inequality; Savings; Life-Cycle Models;
D O I
10.1017/S1365100507070150
中图分类号
F [经济];
学科分类号
02 ;
摘要
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.
引用
收藏
页码:285 / 313
页数:29
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