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Wealth Inequality: Data and Models / Marco Cagetti, Mariacristina De Nardi.
- Format:
- Book
- Author/Creator:
- Cagetti, Marco.
- Series:
- Working Paper Series (National Bureau of Economic Research) no. w12550.
- NBER working paper series no. w12550
- Language:
- English
- Physical Description:
- 1 online resource: illustrations (black and white);
- Other Title:
- Wealth Inequality
- Place of Publication:
- Cambridge, Mass. National Bureau of Economic Research 2006.
- Summary:
- 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.
- Notes:
- Print version record
- October 2006.
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