Inequality Among the Wealthy
37 Pages Posted: 30 Sep 2011
Date Written: June 2011
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.
JEL Classification: D31
Suggested Citation: Suggested Citation
Cowell, Frank A., Inequality Among the Wealthy (June 2011). LSE STICERD Research Paper No. CASE150, Available at SSRN: https://ssrn.com/abstract=1935759
Do you have a job opening that you would like to promote on SSRN?
Feedback
Feedback to SSRN
If you need immediate assistance, call 877-SSRNHelp (877 777 6435) in the United States, or +1 212 448 2500 outside of the United States, 8:30AM to 6:00PM U.S. Eastern, Monday - Friday.