Yellen: Perspectives on Inequality and Opportunity from the Survey of Consumer Finances

The distribution of income and wealth in the United States has been widening more or less steadily for several decades, to a greater extent than in most advanced countries.1 This trend paused during the Great Recession because of larger wealth losses for those at the top of the distribution and…

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Yellen: Perspectives on Inequality and Opportunity from the Survey of Consumer Finances