Estimating the level and distribution of global wealth, 2000-14
James Davies,
Rodrigo Lluberas and
Anthony F. Shorrocks
No wp-2016-3, WIDER Working Paper Series from World Institute for Development Economic Research (UNU-WIDER)
Abstract:
Davies et al. (2008, 2011) provided the first estimates of the global distribution of wealth, using 2000 as the benchmark year. These estimates have been revised and updated since 2010, and the purpose of this paper is to explain the ways in which the estimation methodology has evolved and improved in recent years. Further, the paper summarizes lessons learned about trends in the level and distribution of global wealth for the period 2000-14. Finally, the paper discusses the results in the context of the discourse provoked by Piketty (2014).
Keywords: Econometrics; Income distribution (search for similar items in EconPapers)
Date: 2016
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Citations: View citations in EconPapers (3)
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