Graph/Table of the Week: Wealth to income ratio

Household wealth amounted to about 430% of national income in 2013. The graph below comes from Piketty’s frequent co-author Emmanuel Saez. The original paper, with Gabriel Zucman, here.

saez

Composition has changed too. Pensions have become relevant, while proprietorships and partnerships are down, meaning less people own farms and their own businesses.