Wednesday - October 23, 2024
Federal Reserve Bank of St. Louis: 'The Geography of Wealth: Shocks, Mobility, and Precautionary Savings'
October 21, 2024
ST. LOUIS, Missouri, Oct. 21 (TNSres) -- The Federal Reserve Bank of St. Louis issued the following white paper (No. 2024-033B) in September 2024 by Maximiliano A. Dvorkin and Brian Greaney entitled "The geography of wealth: shocks, mobility, and precautionary savings."

Here are excerpts:

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The spatial distribution of wealth in the United States is very heterogeneous, with important differences within and across US states. We study the distrib . . .

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