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International Perspectives on Household Wealth (Hardcover)
Loot Price: R4,307
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International Perspectives on Household Wealth (Hardcover)
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The contributors to this comprehensive book compile and analyse the
latest data available on household wealth using, as case studies,
the United States, Canada, Germany, Italy, Sweden, and Finland
during the 1990s and into the twenty-first century. The authors
show that in the US, trends are highlighted in terms of wealth
holdings, among the low-income population, along with changes in
wealth polarization, racial differences in wealth holdings, and the
dynamics of portfolio choices. The consensus between the authors is
that wealth inequality has generally risen among these OECD
countries since the early 1980s, although Germany stands out as an
exception. In the case of the US, it is also noted that wealth
holdings have generally failed to improve among low-income families
and that the racial wealth gap widened during the late 1980s.
International Perspectives on Household Wealth also contains new
results on a number of topics, including measures and changes of
wealth polarization in the US, measurement and changes of portfolio
span in the US, asset holdings of low-income households in the US,
and the effects of parental resources on asset holdings in Chile.
Academic, government, and public policy economists in OECD
countries, as well as those in so-called middle-income countries
around the world, will find much to engage them within this book.
It will also appeal to academics and researchers of international
and welfare economics and other social scientists interested in the
issue of inequality.
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