Wealth in America: Trends in Wealth Inequality

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November 2003



Utilizing existing data and new research methods, Keister examines househould wealth distribution from 1962 to 1995.


Preface; Part I. Introduction: 1. Wealth and inequality; 2. Measuring trends in wealth inequality; Part II. Wealth Distribution: 3. Who owns what? the changing distribution of wealth; 4. The rich and their wealth; 5. The rest of the distribution: the middle class and poor; 6. Are Americans getting richer?; Part III. Wealth Accumulation: 7. The impact of social and economic trends on inequality; 8. Families and wealth inequality; 9. Wealth mobility; 10. Conclusions and implications; Appendix; References; Index.


'Wealth in America will fill an important gap in the recent literature on inequality in America. Given the growing interest of academic economists, as well as journalists in the issue of rising inequality in America, this book is very timely and will command a wide interest in the subject. Wealth in America is extremely well written and accessible to a wide audience - over and above academic economists and sociologists.' Edward Wolff, New York University 'Keister presents a longitudinal study of inequality of wealth in the US, which is remarkable because there are no published data on changes in wealth inequality. She does so by creating a simulated model of changes in the distribution of wealth derived from cross-sectional and short-range panel studies. Everyone knows or suspects that there is a great deal of inequality in this country, but Keister's data surprisingly proves that it is greater than we have suspected.' Peter M. Blau, University of North Carolina, Chapel Hill 'Lisa Keister has produced a profoundly interesting, soundly researched, and significant book on household wealth accumulation and distribution in America. Her findings will interest the general, educated public as well as instructors and students of the American economy and society.' Thomas Shapiro, Northeastern University '... it is Lisa Keister's merit to have tackled an issue, the distribution of wealth among people, which has received far less attention than it deserves. Her book is informative and raises a number of important policy questions ...'. Journal of Economics (Zeitschrift fur Nationalokonomie)
EAN: 9780521621687
ISBN: 0521621682
Untertitel: New. Sprache: Englisch.
Erscheinungsdatum: November 2003
Seitenanzahl: 320 Seiten
Format: gebunden
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