Silver Spoon or Self-Made? Exploring 23 Years of Wealth Mobility

Abstract: An analysis of the changes in wealth distribution as individuals age from their late 20s to early 50s reveals a substantial degree of persistence at the top 1%.

Keywords: wealth mobility; wealth distribution;

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Bibliographic Information

Provider: Federal Reserve Bank of St. Louis

Source: On the Economy

Publication Date: 2023-12-14