Comparing Wealth Distribution Across Rich Countries: First Results from the Luxembourg Wealth Study

Sierminska, Eva; Brandolini, Andrea; Smeeding, Timothy M. (Tim)

doi:10.2139/ssrn.927402

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Comparing Wealth Distribution Across Rich Countries: First Results from the Luxembourg Wealth Study

35 Pages Posted: 30 Aug 2006

See all articles by Eva Sierminska

Eva Sierminska

LISER; DIW Berlin - German Socio-Economic Panel Study (SOEP); IZA Institute of Labor Economics

Timothy M. (Tim) Smeeding

Robert M. La Follette School of Public Affairs, University of Wisconsin - Madison

There are 3 versions of this paper

Date Written: August 2006

Abstract

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.

Keywords: household wealth, household portfolios, distribution of net worth, international comparative data sources

Suggested Citation: Suggested Citation

Sierminska, Eva and Brandolini, Andrea and Smeeding, Timothy M. (Tim), Comparing Wealth Distribution Across Rich Countries: First Results from the Luxembourg Wealth Study (August 2006). Available at SSRN: https://ssrn.com/abstract=927402 or http://dx.doi.org/10.2139/ssrn.927402