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Belgian wealth inequality, 1935-2022

Author

Listed:
  • Arthur Apostel

    (Ghent University, Department of Economics)

Abstract

In the absence of a wealth register, Belgian wealth inequality needs to be estimated. Here I apply the mortality multiplier approach to Belgian inheritance tax tabulations and administrative microdata, collectively covering 1935 to 2022. Belgian wealth inequality has strongly declined during the 20th century and seems relatively stable in recent years. I triangulate my estimates with national accounts aggregates and previous work on Belgian wealth inequality. The evolution of Belgian wealth inequality is in line with other European countries for which long-run estimates are available.

Suggested Citation

  • Arthur Apostel, 2025. "Belgian wealth inequality, 1935-2022," Working Paper Research 477, National Bank of Belgium.
    • Handle: RePEc:nbb:reswpp:202505-477
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    More about this item

    Keywords

    Wealth inequality; Inheritance; Mortality multipliers; Belgium;
    All these keywords.

    JEL classification:

    • D3 - Microeconomics - - Distribution
    • G5 - Financial Economics - - Household Finance
    • H2 - Public Economics - - Taxation, Subsidies, and Revenue
    • N3 - Economic History - - Labor and Consumers, Demography, Education, Health, Welfare, Income, Wealth, Religion, and Philanthropy

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