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National patterns of income and wealth inequality

Bibliographic Data

ID9944352
AuthorsNora Skopek (University of Bamberg, corresponding author), Sandra Buchholz (0009-0008-5588-935X, University of Bamberg), Hans-Peter Blossfeld (0000-0002-9298-139X, European University Institute)
Year2014
Volume55
Issue6
Pages463-488
Publication date2014-12-01
Peer ReviewedYes
Open AccessYes
TypeARTICLE
VenueInternational Journal of Comparative Sociology (JOURNAL)
Journal identifiersISSN: 0020-7152 • E-ISSN: 1568-5187
PublisherSAGE Publications (PUBLISHER • US)
DOI10.1177/0020715214565674
OpenAlexW2138911174
LanguageEN
Citations received45
References cited59

The aim of this article is to show that wealth must be treated as a distinct dimension of social stratification alongside income. In a first step, we explain why social stratification researchers have largely overlooked wealth in the past and present a detailed definition of wealth by differentiating it from income. In the empirical part of the article, we analyze the distribution of wealth across 18 countries, and we describe and compare national patterns of wealth inequality to those of income inequality making use of different data sources. Our results show – first – that there is strong variation in the distribution of wealth between these 18 countries, and – second – that levels of wealth inequality significantly differ from levels of income inequality in about half of the countries analyzed. Surprisingly high levels of wealth inequality we find in Sweden and Denmark, two countries widely considered being highly egalitarian societies. Conversely, the Southern European countries – where income inequality is relatively high – exhibit comparatively low levels of wealth inequality

Demographic economics · Development economics · Dimension (graph theory · Distribution (mathematics · Economic growth · Economic inequality · Economics · Income distribution · Income inequality metrics · Inequality · National wealth · Redistribution of income and wealth · Social inequality · Social stratification · Sociology · Stratification (seeds · Wealth distribution · Wealth elasticity of demand · Financial Literacy, Pension, Retirement Analysis · Income, Poverty, and Inequality · Psychological Well-being and Life Satisfaction

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Unique citing works45
Citations per year4,5
Citation span2016 - 2026 (11)
Citation velocitycurrent
Highly citedNo
Citation typesNeutral: 44

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