Perspectives on inequality and opportunity from the survey of consumer finances
JL Yellen - RSF: The Russell Sage Foundation Journal of the …, 2016 - rsfjournal.org
During the past several decades, the United States has experienced its most sustained rise
in inequality since the nineteenth century. The US distribution of income and wealth is now
wider than in most other advanced countries. To provide a factual basis for further
discussion, this paper reviews trends in income and wealth inequality over the past several
decades, and then discusses four significant sources of economic opportunity in the United
States: the resources available for children in their most formative years, affordable higher …
in inequality since the nineteenth century. The US distribution of income and wealth is now
wider than in most other advanced countries. To provide a factual basis for further
discussion, this paper reviews trends in income and wealth inequality over the past several
decades, and then discusses four significant sources of economic opportunity in the United
States: the resources available for children in their most formative years, affordable higher …