The World Distribution of Household Wealth

James Davies, Susanna Sandström, Anthony F. Shorrocks and Edward Wolff ()

No DP2008-03, WIDER Working Paper Series from World Institute for Development Economic Research (UNU-WIDER)

Abstract: 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 full social safety nets and adequate facilities for borrowing and lending. We find, however, that it is precisely in the latter countries where household wealth is the lowest, both in absolute and relative terms.

Keywords: Equality and inequality; Personal finance; Households; Wealth (search for similar items in EconPapers)
Date: 2008
New Economics Papers: this item is included in nep-dev, nep-hap, nep-ltv and nep-sea
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Citations: View citations in EconPapers (60)

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Related works:
Working Paper: The World Distribution of Household Wealth (2010)
Working Paper: The World Distribution of Household Wealth (2007)
Working Paper: The World Distribution of Household Wealth (2006)
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