A Century of Wealth in America / / Edward N. Wolff.

• Superior document: Title is part of eBook package: De Gruyter Harvard University Press Complete eBook-Package 2017
• VerfasserIn: Wolff, Edward N.,
• Place / Publishing House: Cambridge, MA : : Harvard University Press, , [2018]; ©2017
• Year of Publication: 2018
• Language: English
• Physical Description: 1 online resource (920 p.) :; 105 graphs, 142 tables

Understanding wealth—who has it, how they acquired it, how they preserve it—is crucial to addressing challenges facing the United States. Edward Wolff’s account of patterns in the accumulation and distribution of U.S. wealth since 1900 provides a sober bedrock of facts and analysis. It will become an indispensable resource for future public debate.

Table of Contents

Frontmatter -- Contents -- Preface -- I. Recent Developments In Personal Wealth -- 1. Plan Of The Book And Historical Backdrop -- 2. Trends In Household Wealth, 1962 To 2013 -- 3. Changing Portfolio Composition And The Rate Of Return On Household Wealth -- 4. International Comparisons Of Household Wealth Inequality -- II. Mechanisms Behind Changing Wealth Inequality -- 5. Deconstructing Wealth Trends, 1983–2013 -- 6. Age-Wealth Profiles And The Life Cycle Model: Implications For Wealth Accumulation -- 7. Inheritances And The Distribution Of Wealth -- 8. The Role Of Social Security And Private Pensions -- III. Who Are The Rich And The Poor? -- 9. Wealth Differences Among Socioeconomic Groups -- 10. Who Are The Rich? A Demographic Profile Of High-Income And High-Wealth Americans -- 11. The Persistence Of Asset Poverty -- IV. Wealth Over The Long Term -- 12. Long-Term Trends In Aggregate Household Wealth -- 13. Long-Term Trends In The Concentration Of Household Wealth -- V. Tax Policy And Conclusion -- 14. Wealth Taxation -- 15. Summary Of Principal Findings And Concluding Comments -- Appendix 1. Adjustments And Imputations Made To The 1962 Sfcc And 1983, 1989, 1992, And 1995 Scf Data Files -- Appendix 2. Construction Of The 1969 Mesp Dataset -- Appendix 3. Estimation Of Retirement Wealth -- Notes -- References -- Acknowledgments -- Index