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Conference Paper Luxembourg Wealth Study Conference

Methods for Summarizing and Comparing Wealth Distributions

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Publication date

29 Jan 2005

Abstract

This paper reviews methods for summarizing and comparing wealth distributions. We show that many of the tools commonly used to summarize income distributions can also be applied to wealth distributions, albeit adapted in order to account for the distinctive features of wealth distributions: zero and negative wealth values; spikes in density at or around zero; right-skewness with long and sparse tails combined with non-trivial prevalence of extreme values. Illustrations are provided using data for Finland.


Related publications

  1. Methods for summarizing and comparing wealth distributions

    Stephen P. Jenkins and Markus Jantti

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