Comparing child wealth inequality across countries

Fabian T. Pfeffer and Nora Waitkus

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

Abstract: This article compares the wealth situation of children across fourteen countries. Children experience lower levels of wealth than the rest of the population, seniors in particular. We show that, in most countries, child wealth is distributed substantially more unequally than the wealth of seniors. We also demonstrate that an international ranking of child wealth inequality diverges sharply from one based on child income inequality. The wealth situation of children in the United States is exceptional: they lag further behind seniors in terms of their wealth and face the highest levels of wealth inequality and, by far, wealth concentration.

Keywords: children; cross-national comparison; income; wealth (search for similar items in EconPapers)
JEL-codes: N0 (search for similar items in EconPapers)
Pages: 22 pages
Date: 2021-08-01
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (2)

Published in RSF, 1, August, 2021, 7(3), pp. 28-49. ISSN: 2377-8253

Downloads: (external link)
http://eprints.lse.ac.uk/112761/ Open access version. (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:ehl:lserod:112761

Access Statistics for this paper

More papers in LSE Research Online Documents on Economics from London School of Economics and Political Science, LSE Library LSE Library Portugal Street London, WC2A 2HD, U.K.. Contact information at EDIRC.
Bibliographic data for series maintained by LSERO Manager ().