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Journal Article
The rich and the poor: demographics of the U.S. wealth distribution
In this article, John C. Weicher extends his 1995 and 1996 reports on the distribution of U.S. wealth to present a detailed examination of the demographics of the richest and poorest households. He concludes that concern over the concentration of wealth should be tempered by the apparent fact that "the rich" are a changing group, even over short periods of time. Among his other interesting findings is the observation that most of our nation's rich are entrepreneurs in the American tradition. Less than 8 percent of the net worth of households in the richest 1 percent comes from ...
Journal Article
The new structure of the housing finance system
Working Paper
The distribution of wealth, 1983-1992: secular growth, cyclical stability
This article describes the changes in the concentration of wealth among U.S. households between 1983 and 1992, a period which nearly coincides with the most recent business cycle. The distribution of wealth has received popular attention recently, based on reports that it became markedly more unequal during the economic expansion of the 1980s. New data for 1992 indicates that the distribution was about the same in 1992 as in 1983, or for that matter as in 1962. A modest, insignificant increase in concentration between 1983 and 1989 was completely reversed by 1992. While the distribution was ...
Conference Paper
Homeownership: patterns trends, and policies
Journal Article
Changes in the distribution of wealth: increasing inequality?