Inheritances and the Distribution of Wealth or Whatever Happened to the Great Inheritance Boom? Results from the SCF and PSID
---- Acknowledgments ----
An earlier version of this paper was presented at the BCL/ECB Joint Conference on Household Finance and Consumption, Luxembourg, October 25-26, 2010. We would like to thank our discussant, Helen Connolly, for her very helpful comments. We would also like to gratefully acknowledge the financial support of the Russell Sage Foundation for this project. The views expressed here are those of the authors and do not necessarily reflect the views or policies of the Bureau of Labor Statistics, any other agency of the U.S. Department of Labor, or the National Bureau of Economic Research.