Comments on Wealth inequality dynamics in Europe and the United States: Understanding the determinants by Blanchet and Martinez-Toledano

• 成果类型: Editorial Material
• 署名作者: Zwick, Eric
• 署名单位: National Bureau of Economic Research
• 刊物名称: JOURNAL OF MONETARY ECONOMICS
• ISSN/ISSBN: 0304-3932
• DOI: 10.1016/j.jmoneco.2022.11.012
• 发表日期: 2023
• 页码: 44-47
• 关键词: Wealth inequality; income inequality; Distributional assumptions

摘要

In this paper, Blanchet and Martinez-Toledano collect, expand, and harmonize wealth and income inequality statistics from prior research and public data sets for the U.S. and E.U. It is a huge undertaking. My comments focus on whether the data permit us at this point to draw these conclusions, or whether differences in methodology and data construction require further reconciliation. While I lean toward the latter judgement, I view this paper and the underlying project as a first, constructive step in an ambitious agenda, with many avenues yet to explore.(c) 2022 Elsevier B.V. All rights reserved.