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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

Chapter:
(p.285) Chapter Ten The Distribution of Assets and Debt
Source:
Income Inequality
Author(s):

Eva Sierminska

Timothy M. Smeeding

Serge Allegrezza

Publisher:
Stanford University Press
DOI:10.11126/stanford/9780804778244.003.0011

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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