Atif Mian and Amir Sufi — Piketty and U.S. Wealth Inequality

It seems crazy to have such a heated debate on facts that are so easily measurable. Here we use the SCF from 1992 to 2010 to show the pretty unambiguous rise in wealth inequality in the United States. The housing boom hid the rise in inequality to some degree, but the crash in house prices from 2007 to 2010 made inequality transparent.
At the end of this post we tell you where to get the data and we give you the Stata code. We did this pretty quickly, so happy to be told if we’ve made some mistake.

House of Debt
Piketty and U.S. Wealth Inequality
Atif Mian and Amir Sufi