On the evolution of the US consumer wealth distribution ¬リニ


a r t i c l e i n f o a b s t r a c t JEL classification: E21 D91 Keywords: Life cycle Incomplete markets Wealth distribution Simulated method of moments We use all available waves of the Survey of Consumer Finances to document the evolution of the wealth distribution in the US since the 1980s. Relying on the shape of this distribution we then estimate a… (More)