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Income InequalityEconomic Disparities and the Middle Class in Affluent Countries$
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Janet C. Gornick and Markus Jantti

Print publication date: 2013

Print ISBN-13: 9780804778244

Published to Stanford Scholarship Online: January 2014

DOI: 10.11126/stanford/9780804778244.001.0001

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The Distribution of Assets and Debt

The Distribution of Assets and Debt

(p.285) Chapter Ten The Distribution of Assets and Debt
Income Inequality

Eva Sierminska

Timothy M. Smeeding

Serge Allegrezza

Stanford University Press

This chapter presents cross-national evidence on the distribution of wealth, its prevalence, and its composition. More detailed analysis is provided for the main components of wealth portfolios: financial assets and real estate with a special focus on home and debt affordability. The emphasis is placed on differences that are found across the income distribution—that is, low-, middle-, and high-income groups—and across family types, especially comparing one- and two-parent families.

Keywords:   wealth, distribution, middle class, single parents, couples, household portfolios, Luxembourg Wealth Study

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