IDEAS home Printed from https://ideas.repec.org/
MyIDEAS: Login to save this paper or follow this series

How can we explain the gender wealth gap in France?

  • Carole Bonnet

    (Ined)

  • Alice Keogh

    (Ined)

  • Benoît Rapoport

    (Ined)

Registered author(s):

    One can find an extensive literature analyzing the gender wage gap. In contrast, wealth inequalities remains relatively unexplored. However, wealth is an important indicator of economic well-being, whether one focuses on the inequalities within the population as a whole or within a specific household. Using data from the 2003-2004 and 2009-2010 French Household Wealth surveys, we find that the gross wealth of men is roughly 15% higher than that of women. The gap is noticeably larger for financial assets (roughly 37%) than for real estate (4% for primary residence in 2009). However, an OLS regression shows that, all other things being equal, women’s wealth is more important. In order to better highlight the factors that explain this wealth gap, we make use of the semi-parametric decomposition method developed by DiNardo, Fortin and Lemieux (1996). We thus decompose the gaps not only at the average (as one might do with the Oaxaca and Blinder method) but also at other points of the wealth distribution. This is important because this distribution is asymmetric. We show that the gender wealth gap is predominantly explained by the differences in the distribution of individual characteristics (especially those related to the labour market - income, status and experience). However, the gap is reduced by the better returns on women’s characteristics (which corresponds to the unexplained share of the decomposition). In other words, women derive more wealth from their characteristics than men do.

    If you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.

    File URL: http://www.ined.fr/en/resources_documentation/publications/working_papers/bdd/publication/1635/
    Download Restriction: no

    Paper provided by Institut National d'Études Démographiques (INED) in its series Working Papers with number 191.

    as
    in new window

    Length:
    Date of creation: 2013
    Date of revision:
    Handle: RePEc:idg:wpaper:191
    Contact details of provider: Postal: 133 boulevard Davout, 75980 PARIS CEDEX 20
    Phone: 33 1 56 06 20 00
    Fax: 33 1 56062229
    Web page: http://www.ined.fr/fr/ressources_documentation/publications/documents_travail/
    Email:


    More information through EDIRC

    No references listed on IDEAS
    You can help add them by filling out this form.

    This item is not listed on Wikipedia, on a reading list or among the top items on IDEAS.

    When requesting a correction, please mention this item's handle: RePEc:idg:wpaper:191. See general information about how to correct material in RePEc.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Ined)

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If references are entirely missing, you can add them using this form.

    If the full references list an item that is present in RePEc, but the system did not link to it, you can help with this form.

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your profile, as there may be some citations waiting for confirmation.

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    This information is provided to you by IDEAS at the Research Division of the Federal Reserve Bank of St. Louis using RePEc data.