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The rate of homeownership is close to the OECD average in Luxembourg. However, strong house price increases, mainly driven by population growth and limited housing supply, led to a deterioration in affordability of housing, in particular for the young and added to the wealth gap between...
Persistent link: https://www.econbiz.de/10012259010
residential mobility? iv) Is there a link between homeownership and wealth inequality? Between inequality in housing wealth and in … distribution. Another important issue is whether housing-related policies raise potential trade-offs between equity, or inequality …
Persistent link: https://www.econbiz.de/10012202943
Persistent link: https://www.econbiz.de/10001537294
wealth accumulation in these two countries can be enlightening. In this paper we examine wealth inequality and mobility in … Sweden and the United States over the past decade. We show that wealth inequality has been significantly greater in the U …. In addition to less inequality and a higher median wealth, we also show that wealth quintile mobility in the 1990 s has …
Persistent link: https://www.econbiz.de/10011587574
correlate with household net wealth (or income). Bond price increases thus leave net wealth inequality largely unchanged. In … wealth inequality. Housing price increases display a hump shaped pattern over the net wealth distribution, with the poorest …
Persistent link: https://www.econbiz.de/10011316626
Wealth surveys tend to underestimate wealth concentration at the top due to the "missing rich" problem. We propose a new way of improving the credibility of wealth surveys: We make them consistent with tabulated income tax data. This is possible with the Household Finance and Consumption Survey...
Persistent link: https://www.econbiz.de/10013189174
inequality in household wealth in all 8 countries. …
Persistent link: https://www.econbiz.de/10011573797
This paper analyses the level of inequality in Spain and how it evolved over the course of the past crisis and the … and wealth inequality, and studies how they have developed. The analysis shows less wage dispersion in Spain than in other … inequality in per capita income. The level of inequality in Spain is more moderate when total gross household income is analysed …
Persistent link: https://www.econbiz.de/10011967426
recession, resulting in a substantial rise in unemployment, and income and wealth inequality. This paper uses longitudinal data …
Persistent link: https://www.econbiz.de/10012111075
contrast, monetary policy has only negligible effects on wealth inequality. …
Persistent link: https://www.econbiz.de/10011921470