Comments on “Wealth inequality dynamics in Europe and the United States: Understanding the determinants” by Blanchet and Martínez-Toledano

Eric Zwick

Journal of Monetary Economics, 2023, vol. 133, issue C, 44-47

Abstract: In this paper, Blanchet and Martínez-Toledano collect, expand, and harmonize wealth and income inequality statistics from prior research and public data sets for the U.S. and E.U. It is a huge undertaking. My comments focus on whether the data permit us at this point to draw these conclusions, or whether differences in methodology and data construction require further reconciliation. While I lean toward the latter judgement, I view this paper and the underlying project as a first, constructive step in an ambitious agenda, with many avenues yet to explore.

Keywords: Wealth inequality; Income inequality; Distributional assumptions (search for similar items in EconPapers)
Date: 2023
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Persistent link: https://EconPapers.repec.org/RePEc:eee:moneco:v:133:y:2023:i:c:p:44-47

DOI: 10.1016/j.jmoneco.2022.11.012

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