The Joint Distribution of Income and Wealth.

Markus Jantti; Eva Sierminska; Philippe Van Kerm

The Joint Distribution of Income and Wealth.

Markus Jantti, Eva Sierminska, Philippe Van Kerm

Research output: Chapter in Book/Report/Conference proceeding › Chapter › peer-review

Abstract

This chapter examines the joint distribution of wealth and income in Germany, Italy, Luxembourg, Sweden, and the United States. Both the level household net worth and its main components are examined at the top and middle of the distribution as well as by income group. The chapter next examines the unconditional joint distribution of disposable income and net worth, which is found to be roughly similar across the countries. Descriptive bivariate regressions, using household composition, as well as the age and education level of the reference persons are estimated to gauge the extent to which the covariation of wealth and income is driven by observable characteristics as opposed to unobserved covariation.

Original language	English
Title of host publication	Income Inequality
Subtitle of host publication	Economic Disparities and the Middle Class in Affluent Countries
Publisher	Stanford University Press
Pages	312-333
Number of pages	0
ISBN (Print)	978-0804778244
Publication status	Published - 2013

2 Article
2 Working paper
1 Chapter

Wealth distribution within couples.
Sierminska, E., Grabka, M. & Marcus, J., Sept 2015, In: Review of Economics of the Household. 13, 3, p. 459-486 5 p.
Research output: Contribution to journal › Article › peer-review
Does Home Ownership Crowd Out Investment in Children's Human Capital?
Fornero, E., Romiti, A. & Rossi, C., 2013, CEPS/INSTEAD, 44 p. (Working Papers; no. 2013-21).
Research output: Working paper

Open Access
File
The Distribution of Assets and Debt.
Sierminska, E., Smeeding, T. & Allegrezza, S., 2013, Income Inequality: Economic Disparities and the Middle Class in Affluent Countries. Stanford University Press, p. 285-311
Research output: Chapter in Book/Report/Conference proceeding › Chapter › peer-review
Wealth distribution within couples and financial decision making
Grabka, M., Marcus, J. & Sierminska, E., 2013, CEPS/INSTEAD, 32 p. (Working Papers; no. 2013-02).
Research output: Working paper

Open Access
File
Financial and housing wealth and consumption spending: cross country and age group comparisons.
Sierminska, E. & Takhtamanova, Y., 1 Jan 2012, In: Housing Studies. 27, 5, p. 685-719 12 p.
Research output: Contribution to journal › Article › peer-review

Cite this

@inbook{66dc6eb3d2334a93b68f88f67a144880,

title = "The Joint Distribution of Income and Wealth.",

abstract = "This chapter examines the joint distribution of wealth and income in Germany, Italy, Luxembourg, Sweden, and the United States. Both the level household net worth and its main components are examined at the top and middle of the distribution as well as by income group. The chapter next examines the unconditional joint distribution of disposable income and net worth, which is found to be roughly similar across the countries. Descriptive bivariate regressions, using household composition, as well as the age and education level of the reference persons are estimated to gauge the extent to which the covariation of wealth and income is driven by observable characteristics as opposed to unobserved covariation.",

author = "Markus Jantti and Eva Sierminska and {Van Kerm}, Philippe",

year = "2013",

language = "English",

isbn = "978-0804778244",

pages = "312--333",

booktitle = "Income Inequality",

publisher = "Stanford University Press",

}

TY - CHAP

T1 - The Joint Distribution of Income and Wealth.

AU - Jantti, Markus

AU - Sierminska, Eva

AU - Van Kerm, Philippe

PY - 2013

Y1 - 2013

N2 - This chapter examines the joint distribution of wealth and income in Germany, Italy, Luxembourg, Sweden, and the United States. Both the level household net worth and its main components are examined at the top and middle of the distribution as well as by income group. The chapter next examines the unconditional joint distribution of disposable income and net worth, which is found to be roughly similar across the countries. Descriptive bivariate regressions, using household composition, as well as the age and education level of the reference persons are estimated to gauge the extent to which the covariation of wealth and income is driven by observable characteristics as opposed to unobserved covariation.

AB - This chapter examines the joint distribution of wealth and income in Germany, Italy, Luxembourg, Sweden, and the United States. Both the level household net worth and its main components are examined at the top and middle of the distribution as well as by income group. The chapter next examines the unconditional joint distribution of disposable income and net worth, which is found to be roughly similar across the countries. Descriptive bivariate regressions, using household composition, as well as the age and education level of the reference persons are estimated to gauge the extent to which the covariation of wealth and income is driven by observable characteristics as opposed to unobserved covariation.

M3 - Chapter

SN - 978-0804778244

SP - 312

EP - 333

BT - Income Inequality

PB - Stanford University Press

ER -

The Joint Distribution of Income and Wealth.

Abstract

Research output

Wealth distribution within couples.

Does Home Ownership Crowd Out Investment in Children's Human Capital?

The Distribution of Assets and Debt.

Wealth distribution within couples and financial decision making

Financial and housing wealth and consumption spending: cross country and age group comparisons.

Cite this