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Accounting for cross-country differences in wealth inequality

Cowell, Frank, Karagiannaki, Eleni and McKnight, Abigail (2013) Accounting for cross-country differences in wealth inequality. CASEpapers (168). Centre for Analysis of Social Exclusion, London, UK.

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Abstract

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.

Item Type: Monograph (Report)
Official URL: http://sticerd.lse.ac.uk/case
Additional Information: © 2013 The Authors
Divisions: Economics
STICERD
Centre for Analysis of Social Exclusion
Subjects: H Social Sciences > HN Social history and conditions. Social problems. Social reform
JEL classification: C - Mathematical and Quantitative Methods > C8 - Data Collection and Data Estimation Methodology; Computer Programs > C81 - Methodology for Collecting, Estimating, and Organizing Microeconomic Data
D - Microeconomics > D3 - Distribution > D31 - Personal Income, Wealth, and Their Distributions
D - Microeconomics > D6 - Welfare Economics > D63 - Equity, Justice, Inequality, and Other Normative Criteria and Measurement
I - Health, Education, and Welfare > I3 - Welfare and Poverty > I31 - General Welfare; Basic Needs; Living Standards; Quality of Life; Happiness
Date Deposited: 01 Aug 2013 10:55
Last Modified: 15 Sep 2023 22:21
URI: http://eprints.lse.ac.uk/id/eprint/51283

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