Comparing child wealth inequality across countries

Fabian T. Pfeffer*, Nora Waitkus

*Corresponding author for this work

Research output: Contribution to journalArticleScientificpeer-review

Abstract

This article compares the wealth situation of children across fourteen countries. Children experience lower levels of wealth than the rest of the population, seniors in particular. We show that, in most countries, child wealth is distributed substantially more unequally than the wealth of seniors. We also demonstrate that an international ranking of child wealth inequality diverges sharply from one based on child income inequality. The wealth situation of children in the United States is exceptional: they lag further behind seniors in terms of their wealth and face the highest levels of wealth inequality and, by far, wealth concentration.
Original languageEnglish
Pages (from-to)28-49
JournalRSF: The Russell Sage Foundation Journal of the Social Sciences
Volume7
Issue number3
DOIs
Publication statusPublished - 2021

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