Monday, November 10, 2014

Top Tenth Equals Bottom Ninety

A paper by Emmanuel Saez and Gabriel Zucman documents the declining share of wealth by the bottom ninety percent of U.S. families over the past thirty years while the top one tenth of one percent is now nearly an equal share.


Update (November 11):  The Saez/Zucman paper also finds wealth thresholds, averages, and share for segments of the population.


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