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Demographic Shifts In The Distribution Of Wealth, 1992 To 1998.pdf

wealth.iariw2001.pdf
Preview of Demographic Shifts in the Distribution of Wealth, 1992 to 1998
🔗 Source: federalreserve.gov
📊 Size: 1.2 MB
👤 Author: m1abk00
⬇️ Downloads: 149

Summary

The 1990s saw a significant economic expansion in the US, with changes in the structure of the economy, including the increasing use of information technology and innovations in financial markets. This paper examines changes in the distribution of wealth from 1992 to 1998 using data from the Survey of Consumer Finances (SCF). The analysis focuses on a graphical decomposition of the distribution, looking at changes over entire distributions, and examining movements in conditional distributions of wealth over age, income, educational, and regional groups. The data used are from the 1992, 1995, and 1998 waves of the SCF, which provides cross-sectional information on wealth and other financial characteristics of US households. The survey's methodology addresses issues of bias and nonresponse, and the data are carefully edited and imputed to ensure reliability. The paper finds that the distribution of wealth changed significantly over the period, with shifts in the overall distribution and in the conditional distributions by demographic groups.

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Description

The 1990s saw a significant economic expansion in the US, with changes in the structure of the economy, including the increasing use of information technology...

Technical Information

  • File Format: PDF
  • File Size: 1.2 MB
  • Pages: 24
  • Language: EN
  • Author: m1abk00
  • Total Downloads: 149
  • Last Updated: 6 hours ago

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