Wealth, Top Incomes and Inequality

Date: 01 December 2017

Although it is heartening to see wealth inequality being taken seriously, key concepts are often muddled, including the distinction between income and wealth, what is included in "wealth", and facts about wealth distributions. This chapter highlights issues that arise in making ideas and facts about wealth inequality precise, and employs newly-available data to take a fresh look at wealth and wealth inequality in a comparative perspective. The composition of wealth is similar across countries, with housing wealth being the key asset. Wealth is considerably more unequally distributed than income, and it is ...

Brian Nolan Javier Olivera Frank Cowell Philippe van Kerm

Employment, Equity and Growth

Wealth, Top Incomes and Inequality

Type: working-paper

Cowell, F., Nolan, B., Olivera, J. & van Kerm, P. (2017). ‘Wealth, Top Incomes and Inequality’. WP 9, International Inequalities Institute, London School of Economics.

View Document