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) |
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| 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) |
| Identification Number: | CASE/150 |
| Date Deposited: | 23 May 2012 10:32 |
| URL: | http://eprints.lse.ac.uk/43897/ |
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