Differences in individual wealth holdings are widely viewed as a driving force of economic inequality. However, as this … for age effects in cross-sections, which eliminates wealth inequality due to age, yet preserves inequality arising from … other factors. Using a new cross-country comparable database, we examine the impact of age adjustments on wealth inequality …

We demonstrate how age-adjusted inequality measures can be used to evaluate whether changes in inequality over time are … inequality since the early 1980s is driven by the large baby boom cohorts approaching the peak of the age{earnings pro le. Using … trend in inequality is highly sensitive to the method used:while the most widely used age-adjusted inequality measure …