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Accounting for the rich

Author

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  • Douglas Clement

Abstract

Economic theory has long been challenged-and economists fascinated-by the mystery of extreme inequality in U.S. wealth distribution. The explanation may finally be in sight.

Suggested Citation

  • Douglas Clement, 2003. "Accounting for the rich," The Region, Federal Reserve Bank of Minneapolis, vol. 17(Jun), pages 8-11,48-52.
    • Handle: RePEc:fip:fedmrr:y:2003:i:jun:p:8-1148-52:n:v17,no.2
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    File URL: http://minneapolisfed.org/publications_papers/pub_display.cfm?id=3368
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    Cited by:

    1. Marcet, Albert & Obiols-Homs, Francesc & Weil, Philippe, 2007. "Incomplete markets, labor supply and capital accumulation," Journal of Monetary Economics, Elsevier, vol. 54(8), pages 2621-2635, November.
    2. Donald G. Freeman & Vijay K. Mathur, 2003. "Poverty in Metropolitan Areas of the U.S.: Causes and Consequences," Working Papers 0302, Sam Houston State University, Department of Economics and International Business.

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