Author

Karl Polzer

Publication Date

1-4-2016

Summary

Wealth inequality and financial inclusion have long been hot topics in international economic development. They now have taken center stage in the U.S. presidential primary debates. As more analysts probe this phenomenon in various policy areas, they may find that America’s continuing shift to a “defined contribution” (DC) retirement system is playing a role in increasing the concentration of wealth.

Document Type

Perspective

Category

Financial Inclusion

Subarea

Asset Building

Original Citation

Polzer, K. (2015, December). How the emerging U.S. retirement system magnifies wealth inequality (CSD Perspective No. 15-63). St. Louis, MO: Washington University, Center for Social Development.

DOI:

https://doi.org/10.7936/K72J6BB8

Project

Assets Across the Life Course

Keywords

wealth, savings, retirement, inequality, assets, asset building, United States

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