A new GLO Discussion Paper reveals that wealth inequality is significantly reduced after accounting for public pension wealth.
GLO Discussion Paper No. 1212, 2022
Author Abstract: The literature on wealth inequality is expanding very fast. Wealth is usually more concentrated than income. However, traditional measures of wealth inequality are based only on private wealth, and thus exclude public pension entitlements. In this chapter, the literature on the impact of public pension entitlements on wealth inequality is discussed. Empirical research shows, that wealth inequality is significantly reduced after accounting for public pension wealth. The value of Gini index is usually reduced by 20 – 40%.
Featured image: mark-timberlake-unsplash
Vol. 36, Issue 1, January 2023: Journal of Population Economics (JOPE) 16 articles. https://link.springer.com/journal/148/volumes-and-issues/36-1
Watch the videos of article presentations on December 1, 2022 during the GLO Global Conference 2022.
JOPE has CiteScore 6.5 (2021, LINK) & Impact Factor 4.7 (2021, LINK)
GLO Discussion Papers are research and policy papers of the GLO Network which are widely circulated to encourage discussion. Provided in cooperation with EconStor, a service of the ZBW – Leibniz Information Centre for Economics, GLO Discussion Papers are among others listed in RePEc (see IDEAS, EconPapers). Complete list of all GLO DPs – downloadable for free.
The Global Labor Organization (GLO) is an independent, non-partisan and non-governmental organization that functions as an international network and virtual platform to stimulate global research, debate and collaboration.