AN ESTIMATION OF U.S. FAMILY WEALTH AND ITS DISTRIBUTION FROM MICRODATA, 1973

Daphne Greenwood

Review of Income and Wealth, 1983, vol. 29, issue 1, 23-44

Abstract: This paper presents a method of estimating U.S. family net wealth across the entire population, utilizing capitalization of several income items available from income tax microdata. Other forms of wealth, and debt, are indirectly estimated using relationships gleaned from estate tax data. Concentration in the distribution of wealth, and assets such as corporate stock, are measured with Gini coefficients and Lorenz curve analysis and compared to similar estimates of concentration in the distribution of income. Comparisons of the results with previous estimates for the United States are made in the latter section of the paper.

Date: 1983
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