Recent protest movements brought attention to the one percent, a segment of the population
that is critical to understanding inequality and social mobility but that attracts relatively little …

This article is largely a description of the earnings, income, and wealth distributions in the
United States in 2013 as measured by the Survey of Consumer Finances (SCF). We …

We examine the effects of Russia's 2001 flat rate income tax reform on consumption,
income, and tax evasion. We use the gap between household expenditures and reported …

We develop a theory of sweat equity—the value of business owners' time and expenses to
build customer bases, client lists, and other intangible assets. We discipline the theory using …

Large shareholders may play an important role for firm performance and policies, but
identifying this empirically presents a challenge due to the endogeneity of ownership …

Who are the dominant owners of US public debt? Is it widely held, or concentrated in the
hands of a few? Does ownership of public debt give these bondholders power over our …

Growing concern about economic inequality has generated a polarized narrative regarding
the causes and consequences of extreme wealth. We contend that divided ideological …

The one percent, those at the top of the income and wealth distributions, are fundamental to
understanding social and economic inequality and mobility, but sociologists rarely focus …

With increased attention to administrative data for statistical purposes, analyses of the
quality of administrative data and comparisons to survey data are greatly needed. This …

In 1887 Henry Carter Adams produced a study demonstrating that the ownership of
government bonds was heavily concentrated in the hands of a 'bondholding class' that lent …