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Inequality among the wealthy

Cowell, Frank (2011) Inequality among the wealthy. CASEpapers, CASE/150. Centre for Analysis of Social Exclusion, London School of Economics and Political Science, London, UK.

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Abstract

Using the evidence from the Luxembourg Wealth Study it appears that the distribution of wealth in the UK is considerably less than in Canada, the US or Sweden. But does this result come from an underestimate of inequality among the wealthy and of the wealth differential between the rich and the rest? Using a Pareto model for the upper tail of the distribution we can see that the inequality of comparisons of the UK with the other countries is indeed robust.

Item Type: Monograph (Discussion Paper)
Official URL: http://sticerd.lse.ac.uk/case/
Additional Information: © 2011 The Author
Library of Congress subject classification: H Social Sciences > HC Economic History and Conditions
H Social Sciences > HN Social history and conditions. Social problems. Social reform
H Social Sciences > HV Social pathology. Social and public welfare. Criminology
Journal of Economic Literature Classification System: D - Microeconomics > D3 - Distribution > D31 - Personal Income, Wealth, and Their Distributions
Sets: Departments > Economics
Collections > Economists Online
Research centres and groups > Suntory and Toyota International Centres for Economics and Related Disciplines (STICERD)
Research centres and groups > Centre for Analysis of Social Exclusion (CASE)
Rights: http://www.lse.ac.uk/library/usingTheLibrary/academicSupport/OA/depositYourResearch.aspx
Identification Number: CASE/150
Date Deposited: 23 May 2012 10:32
URL: http://eprints.lse.ac.uk/43897/

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