Changing patterns of wealth and income in the US

The Federal Reserve has produced a paper examining the distribution of wealth and income and their joint properties, based on data from the 1989-2007 Surveys of Consumer Finance.

The figures demonstrate a complicated pattern of movements in wealth distribution, with clear gains across the broad middle and the top. Incomes present a more straightforward picture of rising inequality.

The consistent pattern is that very high wealth and income and very low wealth and income go together. The paper also

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