Top Wealth in America: New Estimates under Heterogeneous Returns

In a paper that uses new data and methods to measure top wealth in the United States, Matthew Smith (Treasury) Owen Zidar (Princeton), and Eric Zwick (Chicago Booth) provide a detailed picture of how America‚Äôs ultra-rich build wealth and the pace at which inequality has grown.  Their findings show that wealth is very concentrated: The … Continue reading Top Wealth in America: New Estimates under Heterogeneous Returns