THE GLOBAL PATTERN OF HOUSEHOLD WEALTH

被引:28
|
作者
Davies, James B. [2 ]
Sandstrom, Susanna [3 ]
Shorrocks, Anthony [4 ]
Wolff, Edward [1 ]
机构
[1] NYU, Dept Econ, New York, NY 10012 USA
[2] Univ Western Ontario, London, ON N6A 3K7, Canada
[3] UN World Food Programme, Rome, Italy
[4] UNU WIDER, Helsinki, Finland
关键词
wealth; net worth; personal assets; inequality; households; balance sheets; portfolios;
D O I
10.1002/jid.1648
中图分类号
F0 [经济学]; F1 [世界各国经济概况、经济史、经济地理]; C [社会科学总论];
学科分类号
0201 ; 020105 ; 03 ; 0303 ;
摘要
We provide the first estimate of the level and distribution of global household wealth. The level of assets and debts for 39 countries are measured using household balance sheet and survey data centred on the year 2000. Average wealth holdings are imputed to countries lacking direct evidence. Microdata on household wealth distribution are assembled for 20 countries. Wealth inequality is imputed to other countries from the observed relation between wealth and income distribution in these countries. We find that the top 10 per cent owned 85 per cent of world wealth, and the Gini coefficient was 0.893, greater than that for the global distribution of income. Copyright (C) 2009 John Wiley & Sons, Ltd.
引用
收藏
页码:1111 / 1124
页数:14
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