The Luxembourg Wealth Study - A cross-country comparable database for household wealth research

Eva Sierminska, Andrea Brandolini, Timothy M. Smeeding

Research output: Contribution to journalArticlepeer-review

51 Citations (Scopus)

Abstract

The paper describes the Luxembourg Wealth Study (LWS), an international project launched in 2003 by the Luxembourg Income Study and by institutions from Canada, Cyprus, Finland, Germany, Italy, Norway, Sweden, the United Kingdom, and the United States. The aim of the project is to assemble and to harmonise existing micro-data on household wealth, in order to provide a sounder basis for comparative research on household net worth, portfolio composition, and wealth distributions.

Original languageEnglish
Pages (from-to)375-383
Number of pages9
JournalJournal of Economic Inequality
Volume4
Issue number3
DOIs
Publication statusPublished - Dec 2006
Externally publishedYes

Bibliographical note

Funding Information:
Participants in the LWS project are a varied group. Sponsoring institutions include statistical offices (Statistics Canada, Statistics Norway), central banks (Central Bank of Cyprus, Banca d’Italia), research institutes (Deutsches Institut für Wirtschafts-forschung – DIW, U.K. Institute for Social and Economic Research – ISER, through a grant awarded by the Nuffield Foundation), universities (Åbo Akademi University), and research foundations (Finnish Yrjö Jahnsson Foundation, Palka-nsaajasäätiö – Finnish Labour Foundation, Swedish Council for Working Life and Social Research – FAS, U.S. National Science Foundation). Representatives from several other public institutions (Statistics Sweden, Banco de España, Österreichis-che Nationalbank, De Nederlandsche Bank, U.S. Federal Reserve Board, U.K. Department for Work and Pensions, U.S. Internal Revenue Service, Organisation for Economic Co-operation and Development, World Bank) as well as researchers from many universities have taken part in different stages of the project.

Keywords

  • Distribution of net worth
  • Household portfolios
  • Household wealth
  • International comparative data sources

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