GEOWEALTH: spatial wealth inequality data for the United States, 1960-2020

Joel Suss, Tom Kemeny and Dylan Shane Connor

LSE Research Online Documents on Economics from London School of Economics and Political Science, LSE Library

Abstract: Wealth inequality has been sharply rising in the United States and across many other high-income countries. Due to a lack of data, we know little about how this trend has unfolded across locations within countries. Investigating this subnational geography of wealth is crucial, as from one generation to the next, wealth powerfully shapes opportunity and disadvantage across individuals and communities. Using machine-learning-based imputation to link newly assembled national historical surveys conducted by the U.S. Federal Reserve to population survey microdata, the data presented in this paper addresses this gap. The Geographic Wealth Inequality Database (“GEOWEALTH”) provides the first estimates of the level and distribution of wealth at various geographical scales within the United States from 1960 to 2020. The GEOWEALTH database enables new lines of investigation into the contribution of spatial wealth disparities to major societal challenges including wealth concentration, spatial income inequality, social mobility, housing unaffordability, and political polarization. Edit 05/03/2024: Please consult the published version of this paper, at: https://doi.org/10.1038/s41597-024-03059-9

JEL-codes: D60 (search for similar items in EconPapers)
Pages: 27 pages
Date: 2023-08-01
New Economics Papers: this item is included in nep-big, nep-cmp, nep-geo, nep-his and nep-ure
References: Add references at CitEc
Citations:

Downloads: (external link)
http://eprints.lse.ac.uk/119980/ Open access version. (application/pdf)

Related works:
Working Paper: GEOWEALTH-US: spatial wealth inequality data for the United States, 1960–2020 (2024)
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:ehl:lserod:119980

Access Statistics for this paper

More papers in LSE Research Online Documents on Economics from London School of Economics and Political Science, LSE Library LSE Library Portugal Street London, WC2A 2HD, U.K.. Contact information at EDIRC.
Bibliographic data for series maintained by LSERO Manager ().