Frank A Cowell, Eleni Karagiannaki and Abigail McKnight
Published 1 August 2015
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.
Paper Number CASE/168:
Download PDF - Accounting for cross-country differences in wealth inequality
JEL Classification: C81, D31, D63, I24, I31