Inequality among the Wealthy

Frank Cowell ()

CASE Papers from Centre for Analysis of Social Exclusion, LSE

Abstract: Using the evidence from the Luxembourg Wealth Study it appears that the distribution of wealth in the UK is considerably less than in Canada, the US or Sweden. But does this result come from an underestimate of inequality among the wealthy and of the wealth differential between the rich and the rest? Using a Pareto model for the upper tail of the distribution we can see that the inequality of comparisons of the UK with the other countries is indeed robust.

Keywords: wealth; distribution (search for similar items in EconPapers)
JEL-codes: D31 (search for similar items in EconPapers)
Date: 2011-06
New Economics Papers: this item is included in nep-ltv
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Citations: View citations in EconPapers (14)

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Related works:
Working Paper: Inequality among the wealthy (2011)
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Persistent link: https://EconPapers.repec.org/RePEc:cep:sticas:case150

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