GINI DP 72: Accounting for cross-country differences in wealth inequality

Frank Cowell (), E. Karagiannaki and Abigail Mcknight ()
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Abigail Mcknight: London School of Economics, Centre for Analysis of Social Exclusion

GINI Discussion Papers from AIAS, Amsterdam Institute for Advanced Labour Studies

Abstract: This paper adopts a counterfactual decomposition analysis to analyse cross-country differences in the size of household wealth and levels of household wealth inequality. The findings of the paper suggest that the biggest share of cross-country differences is not due to differences in the distribution of household demographic and economic characteristics but rather reflect strong unobserved country effects.

Date: 2013-08
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