Cowell, Frank, Karagiannaki, Eleni and McKnight, Abigail (2013) Accounting for cross-country differences in wealth inequality. CASEpapers, CASE/168. Centre for the Analysis of Social Exclusion, London School of Economics and Political Science, London, UK.
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This paper adopts a counterfactual decomposition analysis to analyse cross-country differences in the size of household wealth and levels of household wealth inequality. The findings of the paper suggest that the biggest share of cross-country differences is not due to differences in the distribution of household demographic and economic characteristics but rather reflect strong unobserved country effects.
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