Study: Countries' wealth inequality independent from income inequality, linked to distribution of housing equity
Published Date: 7/26/2021
Source: phys.org
Most of what we know from prior research about which countries are more unequal than others is based on measures of income inequality. In their new study, "The Wealth Inequality of Nations," appearing in the August 2021 issue of the American Sociological Review, authors Fabian T. Pfeffer and Nora Waitkus show that comparing countries in terms of their wealth inequality instead of income inequality provides a fundamentally different picture of nations' relative level of economic inequality.