Inequality Trends in Family & Household Income, and Wealth (Gini Indices).

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1 Gini Coefficient 1.0 Inequality Trends in Family & Household Income, and Wealth (Gini Indices) Family Household Wealth (or Net Worth) Wealth (Non-Home) Year Sources: US Census Historical Income Tables F-4/H-4 [ Wolff, E The Asset Price Meltdown and the Wealth of the Middle Class [

2 Income Ratio Household Income Ratios of Selected Percentiles, (In 2012 $). 95/10 90/10 80/50 80/20 50/ Year Data Source: DeNavas-Walt, C., B. Proctor, and J. Smith U.S. Census Bureau, Current Population Reports P60-245, Income, Poverty, and Health Insurance Coverage in the United States: Computed from Table A-2.

3 Percentage of HH Income 60 Percentage Share of Aggregate National Household Income by Quintile, and Top 5%, Bottom 20% 40 Second 20% Third 20% Fourth 20% 30 Highest 20% Top 5% Year Data Source: US Census, Table H-2: Share of Aggregate Income Received by Each Fifth and Top 5 Percent of Households, All Races: 1967 to 2012 [

4 Percentage Share Net Worth 100 Percentage Share of Net Worth Held by Select Percentiles, Top 1% Top 20% th Quintile 3rd Quintile Bottom 40% Year Data Source: Wolff, Edward The Asset Price Meltdown and the Wealth of the Middle Class. (

5 Percentage of Income Percentage of Income Accruing to Richest Households, Including Capital Gains, Top 10% Top 1% Top 0.1% Year Piketty, Thomas, and Emmanuel Saez "Income Inequality in the United States, ". Quarterly Journal of Economics, 118(1): [Data updated to 2012, September, 2013;

6 Correlations 0.60 Educational Persistence: Average Parent-Child Schooling Correlation, Select Western Industrialized Countries, Ages Country Hertz, T., et al "The Inheritance of Educational Inequality: International Comparisons and Fifty-year Trends." The B.E. Journal of Economic Analysis Policy, 7(2:October).

7 Income Elasticity 0.60 Estimates of Intergenerational Income Elasticities for Fathers and Sons Plotted with Gini Coefficients for Eleven Developed Countries During the Early 1980's France US Italy 0.30 Finland Norway Sweden Germany UK Canada Australia Denmark Gini Coefficient Ermisch, John, Markus Jäntti, and Timothy Smeeding From Parents to Children: The Intergenerational Transmission of Advantage. New York, NY: Russell Sage [Figure 1, Chapter 1].

8 Norway Finland Sweden Germany France New Zealand Italy Canada Australia U.K. U.S. Gini Coefficient Gini Coefficients by Country, Before and After Taxes and Transfers, 2010 (ordered by "After Taxes and Transfers" Gini, smallest to largest). Before Taxes and Transfers After Taxes and Transfers Before - After Difference Country OECD (Organization for Economic Co-operation and Development). Statistics: Income Inequality [ updated March, 2014].

9 France All OECD Belgium Italy Canada U.S. Denmark Norway Australia Germany U.K. New Zealand Sweden Finland Percent Change in Gini 1.40 Average Annual Percentage Change in Inequality (Gini Coefficient) between the mid-1980s and late-2000s (As reported by OECD) Country Data Source: OECD (Organization for Economic Co-operation and Development). 2011b. Society at a Glance 2011 OECD Social Indicators. At

10 Percentage Perceptions of Wealth in the US : Respondents' Ideal and Estimated Wealth Distributions by Income Quintiles Compared to Actual Distribution, Ideal Estimated Actual Bottom 20% 2nd 20% Middle 20% 4th 20% Top 20% Quintile Data Source: Norton, M. I., and D. Ariely Building a Better America - One Wealth Quintile at a Time. Perspectives on Psychological Science 6: 9-12.

Real Mean and Median Income, Families and Individuals, 1947-2012, and Households, 1967-2012 (Reported in $2012).

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