IDEAS home Printed from https://ideas.repec.org/a/bla/revinw/v29y1983i1p23-44.html
   My bibliography  Save this article

An Estimation Of U.S. Family Wealth And Its Distribution From Microdata, 1973

Author

Listed:
  • Daphne Greenwood

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.

Suggested Citation

  • Daphne Greenwood, 1983. "An Estimation Of U.S. Family Wealth And Its Distribution From Microdata, 1973," Review of Income and Wealth, International Association for Research in Income and Wealth, vol. 29(1), pages 23-44, March.
  • Handle: RePEc:bla:revinw:v:29:y:1983:i:1:p:23-44
    DOI: 10.1111/j.1475-4991.1983.tb00630.x
    as

    Download full text from publisher

    File URL: https://doi.org/10.1111/j.1475-4991.1983.tb00630.x
    Download Restriction: no

    File URL: https://libkey.io/10.1111/j.1475-4991.1983.tb00630.x?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Cem Baslevent, 2018. "Household Asset Inequality in Turkey: How Informative is the Survey of Income and Living Conditions?," Working Papers 1181, Economic Research Forum, revised 12 Apr 2018.
    2. Kacperczyk, Marcin & Nosal, Jaromir & Stevens, Luminita, 2019. "Investor sophistication and capital income inequality," Journal of Monetary Economics, Elsevier, vol. 107(C), pages 18-31.
    3. Emmanuel Saez & Gabriel Zucman, 2014. "Wealth Inequality in the United States since 1913: Evidence from Capitalized Income Tax Data," NBER Working Papers 20625, National Bureau of Economic Research, Inc.
    4. Baris Ucar & Gianni Betti, 2016. "Longitudinal statistical matching: transferring consumption expenditure from HBS to SILC panel survey," Department of Economics University of Siena 739, Department of Economics, University of Siena.
    5. Jesse Bricker & Peter Hansen & Alice Henriques Volz, 2018. "How Much has Wealth Concentration Grown in the United States? A Re-Examination of Data from 2001-2013," Finance and Economics Discussion Series 2018-024, Board of Governors of the Federal Reserve System (U.S.).
    6. Gabriel Zucman, 2019. "Global Wealth Inequality," Annual Review of Economics, Annual Reviews, vol. 11(1), pages 109-138, August.
    7. Frank A. Cowell & Philippe Kerm, 2015. "Wealth Inequality: A Survey," Journal of Economic Surveys, Wiley Blackwell, vol. 29(4), pages 671-710, September.
    8. Jesse Bricker & Alice Henriques Volz & Kevin B. Moore, 2017. "Updates to the Sampling of Wealthy Families in the Survey of Consumer Finances," Finance and Economics Discussion Series 2017-114, Board of Governors of the Federal Reserve System (U.S.).
    9. Arthur B. Kennickell, 2017. "Lining Up : Survey and Administrative Data Estimates of Wealth Concentration," Finance and Economics Discussion Series 2017-017, Board of Governors of the Federal Reserve System (U.S.).
    10. Heer, Burkhard & Sussmuth, Bernd, 2007. "Effects of inflation on wealth distribution: Do stock market participation fees and capital income taxation matter?," Journal of Economic Dynamics and Control, Elsevier, vol. 31(1), pages 277-303, January.
    11. Jesse Bricker & Alice Henriques & Jacob Krimmel & John Sabelhaus, 2016. "Measuring Income and Wealth at the Top Using Administrative and Survey Data," Brookings Papers on Economic Activity, Economic Studies Program, The Brookings Institution, vol. 47(1 (Spring), pages 261-331.
    12. Brian Nolan, 1997. "Collecting and Using Survey Information on Household Assets: Some Lessons from Irish Experience," Papers WP086, Economic and Social Research Institute (ESRI).
    13. Jesse Bricker & Alice Henriques & Jacob Krimmel & John Sabelhaus, 2016. "Estimating Top Income and Wealth Shares: Sensitivity to Data and Methods," American Economic Review, American Economic Association, vol. 106(5), pages 641-645, May.
    14. Adam Looney & Kevin B. Moore, 2015. "Changes in the Distribution of After-Tax Wealth: Has Income Tax Policy Increased Wealth Inequality?," Finance and Economics Discussion Series 2015-58, Board of Governors of the Federal Reserve System (U.S.).
    15. Daniel Radner, 1989. "The Wealth of the Aged and Nonaged, 1984," NBER Chapters, in: The Measurement of Saving, Investment, and Wealth, pages 645-688, National Bureau of Economic Research, Inc.
    16. Burkhard Heer & Bernd Süssmuth, 2003. "Inflation and Wealth Distribution," CESifo Working Paper Series 835, CESifo.

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:bla:revinw:v:29:y:1983:i:1:p:23-44. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Wiley Content Delivery (email available below). General contact details of provider: https://edirc.repec.org/data/iariwea.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.