Inequality among the Wealthy

Using the evidence from the Luxembourg Wealth Study it appears that the distribution of wealth in the UK is considerably less than in Canada, the US or Sweden. But does this result come from an underestimate of inequality among the wealthy and of the wealth differential between the rich and the rest? Using a Pareto model for the upper tail of the distribution we can see that the inequality of comparisons of the UK with the other countries is indeed robust.

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Year of publication:	2011-06
Authors:	Cowell, Frank A
Institutions:	Centre for Analysis of Social Exclusion, LSE
Subject:	wealth distribution

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Extent:	application/pdf
Series:	CASE Papers.
Type of publication:	Book / Working Paper
Language:	English
Classification:	D31 - Personal Income, Wealth and Their Distributions
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10009195561