Comparing Wealth Distribution Across Rich Countries: First Results from the Luxembourg Wealth Study
CEPS/INSTEAD; DIW Berlin - German Socio-Economic Panel Study (SOEP)
Bank of Italy
Timothy M. Smeeding
University of Wisconsin - Madison, Robert M. La Follette School of Public Affairs
The new Luxembourg Wealth Study (LWS) creates for the first time a harmonized cross national database on household assets and liabilities. This paper describes the project, outlines conceptual and practical issues that need to be addressed in preparing harmonized and comparable wealth data across countries, and summarizes the initial results for the eight countries participating in the initial phase: Canada, Cyprus, Finland, Germany, Italy, Norway, Sweden, the United Kingdom and the United States.
Number of Pages in PDF File: 35
Keywords: household wealth, household portfolios, distribution of net worth, international comparative data sourcesworking papers series
Date posted: August 30, 2006
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