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Survey Estimates of Wealth Holdings in OECD Countries: Evidence on the Level and Distribution across Selected Countries

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  • Markus Jäntti
  • Eva Sierminska

Abstract

This paper discusses issues that arise in the comparison of estimates of wealth holdings and their distribution in light of data for selected OECD countries. We find large differences in the level of wealth, depending on whether the mean or median levels are compared across countries. Sensitivity of wealth estimates to survey design are evident in that even within countries, these ranking of two different surveys depends on how central tendency is measured.

Suggested Citation

  • Markus Jäntti & Eva Sierminska, 2007. "Survey Estimates of Wealth Holdings in OECD Countries: Evidence on the Level and Distribution across Selected Countries," WIDER Working Paper Series RP2007-17, World Institute for Development Economic Research (UNU-WIDER).
  • Handle: RePEc:unu:wpaper:rp2007-17
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    File URL: https://www.wider.unu.edu/sites/default/files/rp2007-17.pdf
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    Citations

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    Cited by:

    1. Sebastian Leitner, 2015. "Drivers of wealth inequality in euro area countries," Working Paper Reihe der AK Wien - Materialien zu Wirtschaft und Gesellschaft 137, Kammer für Arbeiter und Angestellte für Wien, Abteilung Wirtschaftswissenschaft und Statistik.
    2. Lehmus, Markku, 2011. "Labor or consumption taxes? An application with a dynamic general equilibrium model with heterogeneous agents," Economic Modelling, Elsevier, vol. 28(4), pages 1984-1992, July.
    3. Iacopo Odoardi & Carmen Pagliari, 2020. "Household Wealth as a Factor of Economic Growth: A Case Study of Italy," Contemporary Economics, University of Economics and Human Sciences in Warsaw., vol. 14(3), September.

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