Accounting for cross-country differences in wealth inequality

This paper adopts a counterfactual decomposition analysis to analyse cross-country differences in the size of household wealth and levels of household wealth inequality. The findings of the paper suggest that the biggest share of cross-country differences is not due to differences in the distribution of household demographic and economic characteristics but rather reflect strong unobserved country effects.

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Year of publication:	2013-03
Authors:	Cowell, Frank A ; Karagiannaki, Eleni ; McKnight, Abigail
Institutions:	Centre for Analysis of Social Exclusion, LSE
Subject:	household wealth \| wealth inequality \| debt \| housing assets \| educational loans \| age-wealth profiles \| decomposition

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Extent:	application/pdf
Series:	CASE Papers.
Type of publication:	Book / Working Paper
Classification:	C81 - Methodology for Collecting, Estimating, and Organizing Microeconomic Data ; D31 - Personal Income, Wealth and Their Distributions ; D63 - Equity, Justice, Inequality, and Other Normative Criteria and Measurement ; i24 ; I31 - General Welfare; Basic Needs; Quality of Life
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10010627949