TY  - JOUR
AU  - Cagetti,Marco
AU  - Nardi,Mariacristina De
TI  - Wealth Inequality: Data and Models
JF  - National Bureau of Economic Research Working Paper Series
VL  - No. 12550
PY  - 2006
Y2  - October 2006
UR  - http://www.nber.org/papers/w12550
L1  - http://www.nber.org/papers/w12550.pdf
N1  - Author contact info:
Marco Cagetti
Board of Governors of the Federal Reserve System
Flow of Funds, Mail Stop 97
Washington, DC 20551
Tel: 202-452-2685
E-Mail: Marco.Cagetti@frb.gov

Mariacristina De Nardi
Federal Reserve Bank of Chicago
230 South LaSalle St.
Chicago, IL 60604
Tel: 312/322-5769
Fax: 312/322-2357
E-Mail: denardim@nber.org
AB  - In the United States wealth is highly concentrated and very unequally distributed: the richest 1% hold one third of the total wealth in the economy. Understanding the determinants of wealth inequality is a challenge for many economic models. We summarize some key facts about the wealth distribution and what economic models have been able to explain so far.
ER  -