Accounting for Cross-Country Differences in Wealth Inequality

Frank Cowell (), Eleni Karagiannaki () and Abigail McKnight ()

No 13, LWS Working papers from LIS Cross-National Data Center in Luxembourg

Abstract: This paper adopts a counterfactual decomposition analysis to analyse crosscountry 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)
Pages: 40 pages
Date: 2012-11
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (2)

Published in [Monograph] CASEpapers, CASE/168. Centre for the Analysis of Social Exclusion, London School of Economics and Political Science, London, UK.

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http://www.lisdatacenter.org/wps/lwswps/13.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 (2013)
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Persistent link: https://EconPapers.repec.org/RePEc:lis:lwswps:13

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