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Friday, November 09, 2012

Net Wealth Shock in US, by Net Worth Percentile

Via Amir Sufi on Twitter (@profsufi):

Net Wealth Shock in US, by Net Worth Percentile

Sufi[click on figure to enlarge]

  • For poor and median households, Great Recession wipes wipes out 20 years of net worth accumulation
  • For the rich, only small decline

[Link]

    Posted by on Friday, November 9, 2012 at 11:00 AM in Economics, Income Distribution | Permalink  Comments (131)


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