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There has been much recent research on the world distribution of income, but also growing recognition of the importance of other contributions to well-being, including those of household wealth. Wealth is important in providing security and opportunity, particularly in poorer countries that lack...
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We estimate the level and distribution of global household wealth. The levels of assets and debts for 39 countries are measured using household balance sheet and survey data centred on the year 2000. The determinants of mean financial assets, non-financial assets, and liabilities are studied...
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Equivalence scales are typically designed for adjusting households' incomes for differences in size and composition. On the one hand, there is evidence that the way differences in needs across households are taken into account has a significant impact on the assessment of inequality in the...
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