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The Gender Wealth Gap in Europe

Schneebaum, Alyssa and Rehm, Miriam and Mader, Katharina and Klopf, Patricia and Hollan, Katarina (2014) The Gender Wealth Gap in Europe. Department of Economics Working Paper Series, 186. WU Vienna University of Economics and Business, Vienna.

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Abstract

This paper studies the gender wealth gap using 2010 Household Finance and Consumption Survey data for 15 European countries, and finds that households with only one male adult have more net wealth than households with one female adult, and that households with an adult couple have the highest net wealth. Using OLS regressions to predict net wealth and the inverse hyperbolic sine transformation of net wealth, as well as the nonparametric DiNardo-Fortin-Lemieux re-weighting technique, to study the relationship between household and personal characteristics with net wealth, the paper finds that differences in labor market characteristics between male and female households, most notably lifetime labor force participation and wages, explain much of the gender wealth gap.(authors' abstract)

Item Type: Paper
Keywords: Gender / Wealth / Wealth Gap / Distribution
Classification Codes: JEL D31, J16, E21
Divisions: Departments > Volkswirtschaft
Depositing User: Claudia Tering-Raunig
Date Deposited: 15 Oct 2014 09:40
Last Modified: 16 Oct 2014 13:41
URI: http://epub.wu.ac.at/id/eprint/4320

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