Showing 1 - 10 of 22
Persistent link: https://www.econbiz.de/10011820223
This paper is the first to compare global trends in income and wealth inequality this century. It is based on large … income and wealth microdata samples designed to be representative of all countries in the world. Measured by the Gini … one half - of wealth inequality. Broadly similar results are found for different years and different inequality indices …
Persistent link: https://www.econbiz.de/10011947029
This paper examines long-term trends in aggregate wealth and inheritance and in their distributions, focusing on … developed economies. A key stylized fact is that wealth is less equally distributed than income. Financial assets predominate … among the wealthy, while owner-occupied housing is crucial for middle groups, so higher stock prices raise wealth inequality …
Persistent link: https://www.econbiz.de/10014564314
of other contributions to well-being, including those of household wealth. Wealth is important in providing security and …
Persistent link: https://www.econbiz.de/10008739754
2008-09 recession saw declines in average family wealth and retirement assets of 11% and 14% respectively. Average wealth …
Persistent link: https://www.econbiz.de/10011184467
of other contributions to well-being, including those of household wealth. Wealth is important in providing security and …. We find, however, that it is precisely in the latter countries where household wealth is the lowest, both in absolute and … relative terms. Globally, wealth is more concentrated than income both on an individual and national basis. Roughly 30 per cent …
Persistent link: https://www.econbiz.de/10010323528
We provide the first estimate of the level and distribution of global household wealth. Mean assets and debts within … are used to impute values to countries lacking wealth data. Household wealth per adult is US$43,494 in PPP terms, and … wealth for 20 countries, accounting for 59 per cent of the world’s population and, we estimate, 84 per cent of its wealth are …
Persistent link: https://www.econbiz.de/10005515465
We provide the first estimate of the level and distribution of global household wealth. Mean assets and debts within … are used to impute values to countries lacking wealth data. Household wealth per adult is US$43,494 in PPP terms, and … wealth for 20 countries, accounting for 59 per cent of the world?s population and, we estimate, 84 per cent of its wealth are …
Persistent link: https://www.econbiz.de/10005031875
We estimate the level and distribution of global household wealth. The levels of assets and debts for 39 countries are …-financial assets, and liabilities are studied empirically, and the results used to estimate average wealth holdings for countries … lacking direct evidence. Data on the pattern of household distribution of wealth are assembled for 20 countries, which …
Persistent link: https://www.econbiz.de/10005049531
of other contributions to well-being, including those of household wealth. Wealth is important in providing security and …. We find, however, that it is precisely in the latter countries where household wealth is the lowest, both in absolute and … relative terms. Globally, wealth is more concentrated than income both on an individual and national basis. Roughly 30 per cent …
Persistent link: https://www.econbiz.de/10005059978