Accounting for cross-country differences in wealth inequality

Frank Cowell (), Eleni Karagiannaki and Abigail McKnight

CASE Papers from Centre for Analysis of Social Exclusion, LSE

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.

Keywords: household wealth; wealth inequality; debt; housing assets; educational loans; age-wealth profiles; decomposition (search for similar items in EconPapers)
JEL-codes: C81 D31 D63 I24 I31 (search for similar items in EconPapers)
Date: 2013-03
New Economics Papers: this item is included in nep-ltv
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (5)

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https://sticerd.lse.ac.uk/dps/case/cp/CASEpaper168.pdf (application/pdf)

Related works:
Working Paper: Accounting for cross-country differences in wealth inequality (2018)
Working Paper: Accounting for cross-country differences in wealth inequality (2013)
Working Paper: Accounting for Cross-Country Differences in Wealth Inequality (2012)
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Persistent link: https://EconPapers.repec.org/RePEc:cep:sticas:case168

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