| 来源类型 | Working Paper
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| 规范类型 | 报告
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| DOI | 10.3386/w28383
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| 来源ID | Working Paper 28383
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| Household Wealth Trends in the United States, 1962 to 2019: Median Wealth Rebounds... But Not Enough |
| Edward N. Wolff
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| 发表日期 | 2021-01-25
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| 出版年 | 2021
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| 语种 | 英语
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| 摘要 | Median household wealth shot up by 21.2 percent in real terms between 2016 and 2019, as asset prices continued to rebound. However, 2007 still remains the watershed year, and median wealth was down 20.4 percent relative to 2007, though mean wealth more than fully recovered. There was a modest remission in wealth inequality, with the share of the top one percent down by 1.4 percentage points, that of the top 20 percent down by 1.0 percentage points, the Gini coefficient down by 0.008, and the mean wealth of the top one percent also down by 1.9 percent. The homeownership rate finally rebounded a bit, by 1.2 percentage points, to 64.9 percent. The stock ownership rate advanced by 0.4 percentage points to 49.6 percent, though still down from its 2001 peak. Though the mean debt of the middle class rose by 10.7 percent in real terms, the debt-income and debt-net worth ratios remained largely unchanged. The black-white gap in mean net worth remained unchanged, as did the Hispanic-white wealth gap. The wealth of households under age 35 continued to deteriorate in both absolute and relative terms between 2016 and 2019. |
| 主题 | Microeconomics
; Market Structure and Distribution
; Labor Economics
; Demography and Aging
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| URL | https://www.nber.org/papers/w28383
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| 来源智库 | National Bureau of Economic Research (United States)
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| 引用统计 |
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| 资源类型 | 智库出版物
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| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/586057
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推荐引用方式
GB/T 7714 |
Edward N. Wolff. Household Wealth Trends in the United States, 1962 to 2019: Median Wealth Rebounds... But Not Enough. 2021.
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文件名：
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w28383.pdf
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格式：
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Adobe PDF
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