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Accounting for cross-country differences in wealth inequality

Frank Cowell (), Eleni Karagiannaki and Abigail McKnight

LSE Research Online Documents on Economics from London School of Economics and Political Science, LSE Library

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 I31 (search for similar items in EconPapers)
Pages: 38 pages
Date: 2013-03
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (3)

Downloads: (external link)
http://eprints.lse.ac.uk/51283/ Open access version. (application/pdf)

Related works:
Working Paper: Accounting for cross-country differences in wealth inequality (2018) Downloads
Working Paper: Accounting for cross-country differences in wealth inequality (2013) Downloads
Working Paper: Accounting for Cross-Country Differences in Wealth Inequality (2012) Downloads
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Persistent link: https://EconPapers.repec.org/RePEc:ehl:lserod:51283

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