Wealth and Income Concentration in the SCF: 1989–2019
Jesse Bricker,
Sarena Goodman,
Alice Henriques Volz and
Kevin B. Moore
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Jesse Bricker: https://www.federalreserve.gov/econres/jesse-bricker.htm
Sarena Goodman: https://www.federalreserve.gov/econres/sarena-f-goodman.htm
Alice Henriques Volz: https://www.federalreserve.gov/econres/alice-henriques-volz.htm
Kevin B. Moore: https://www.federalreserve.gov/econres/kevin-b-moore.htm
No 2020-09-28-1, FEDS Notes from Board of Governors of the Federal Reserve System (U.S.)
Abstract:
Using 2019 SCF data, we update estimates of the U.S. wealth and income distributions. These data indicate that wealth concentration in 2019 was similar to the levels seen in 2016 and near the historical high over the 1989–2019 period. Income concentration similarly remains high but declined between 2016 and 2019.
Date: 2020-09-28
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Persistent link: https://EconPapers.repec.org/RePEc:fip:fedgfn:2020-09-28-1
DOI: 10.17016/2380-7172.2795
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