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Wealth of a Nation
Author(s) -
Oliver Melvin L.,
Shapiro Thomas M.
Publication year - 1990
Publication title -
american journal of economics and sociology
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 0.199
H-Index - 38
eISSN - 1536-7150
pISSN - 0002-9246
DOI - 10.1111/j.1536-7150.1990.tb02268.x
Subject(s) - survey of income and program participation , census , inequality , wealth distribution , demographic economics , population , economics , current population survey , distribution (mathematics) , white (mutation) , order (exchange) , distribution of wealth , geography , demography , sociology , mathematics , finance , mathematical analysis , biochemistry , chemistry , gene
A bstract . In order to determine whether the distribution of wealth in American society uncovers deeper fault lines of inequality than income alone, data from the 1984 Survey of Income and Program Participation is examined. The findings indicate that: (1) aggregate shares of wealth held by households are distributed far more unevenly than income shares, with extreme concentrations at the upper levels; (2) the data on wealth shows that the condition of black America is far more precarious, marginalized, and unequal than was thought previously; (3) single and separated women hold few assets in comparison with their male from SIPP using the weights provided by the U.S. Census which approximates the U.S. population. Parallel analyses conducted on the weighted and unweighted samples showed similar results. 3. For a detailed analysis of black‐white differences in wealth see Oliver and Shapiro (1989).