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The Gilded Age and Beyond: The Persistence of Elite Wealth in American History

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NBER2025-01-01 更新2025-01-18 收录
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Is the top tail of wealth a set of fixed individuals or is there substantial turnover? We estimate upper-tail wealth dynamics during the Gilded Age and beyond, a time of rapid wealth accumulation and concentration in the late 19th and early 20th centuries. Using various wealth proxies and data

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2025-01-01
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