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International Perspectives on Household Wealth

Edited by Edward N. Wolff

in Books from Edward Elgar Publishing

Abstract: The contributors to this comprehensive book compile and analyse the latest data available on household wealth using, as case studies, the United States, Canada, Germany, Italy, Sweden, and Finland during the 1990s and into the twenty-first century. The authors show that in the US, trends are highlighted in terms of wealth holdings, among the low-income population, along with changes in wealth polarization, racial differences in wealth holdings, and the dynamics of portfolio choices. The consensus between the authors is that wealth inequality has generally risen among these OECD countries since the early 1980s, although Germany stands out as an exception. In the case of the US, it is also noted that wealth holdings have generally failed to improve among low-income families and that the racial wealth gap widened during the late 1980s.

Keywords: Economics and Finance; Politics and Public Policy (search for similar items in EconPapers)
JEL-codes: D6 I3 (search for similar items in EconPapers)
Date: 2006
ISBN: 9781845421168
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Chapters in this book:

Ch 1 International Comparisons of Wealth: Methodological Issues and a Summary of Findings Downloads
Edward N. Wolff
Ch 2 A Rolling Tide: Changes in the Distribution of Wealth in the US, 1989–2001 Downloads
Arthur B. Kennickell
Ch 3 Who Shared in the Growth of Wealth in the 1990s? Subpopulation Trends in US Household Wealth Holdings Downloads
John L. Czajka, Scott Cody and Daniel Kasprzyk
Ch 4 Changes in Household Wealth in the 1980s and 1990s in the United States Downloads
Edward N. Wolff
Ch 5 The Evolution of Wealth Inequality in Canada, 1984–1999 Downloads
René Morissette, Xuelin Zhang and Marie Drolet
Ch 6 Inequality of the Distribution of Personal Wealth in Germany, 1973–98 Downloads
Richard Hauser and Holger Stein
Ch 7 Household Wealth Distribution in Italy in the 1990s Downloads
Andrea Brandolini, Luigi Cannari, Giovanni D’Alessio and Ivan Faiella
Ch 8 On Household Wealth Trends in Sweden Over the 1990s Downloads
N. Anders Klevmarken
Ch 9 Trends in the distribution of income and wealth: Finland, 1987–98 Downloads
Markus Jantti
Ch 10 Parental Wealth Effects on Living Standards and Asset Holdings: Results from Chile Downloads
Florencia Torche and Seymour Spilerman
Ch 11 Trends and Turbulence: Allocations and Dynamics of American Family Portfolios, 1984–2001 Downloads
Elena Gouskova, F. Juster and Frank Stafford
Ch 12 Is Wealth Becoming More Polarized in the United States? Downloads
Conchita D’Ambrosio and Edward N. Wolff

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