Quotation Humer, Stefan, Moser, Mathias, Schnetzer, Matthias. 2015. Socioeconomic structures of the Austrian wealth distribution. Empirica, 42 (2), 269-289.


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Abstract

This paper provides first-time insights into the socioeconomic specifics of the Austrian wealth distribution. Based on data from the Household Finance and Consumption Survey 2010, we explore patterns of household characteristics associated with the wealth dispersion. Due to the pronounced nonlinear relationship of wealth, we incorporate the complex survey design in quantile regressions to analyze the joint distribution of specific attributes and households net wealth position. Our findings emphasize the role of age, education, the ownership of a main residence and company stakes in order to identify generic households across the distribution. Looking at the top, the results indicate a specific role of being self-employed or having received inheritances.

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  • INEQ Taxes & Welfare State
  • INEQ Income & Wealth

Publication's profile

Status of publication Published
Affiliation WU
Type of publication Journal article
Journal Empirica
Language English
Title Socioeconomic structures of the Austrian wealth distribution
Volume 42
Number 2
Year 2015
Page from 269
Page to 289
Reviewed? Y
URL http://dx.doi.org/10.1007/s10663-015-9293-3
DOI http://dx.doi.org/10.1007/s10663-015-9293-3

Associations

Projects
Socioeconomic Households Characteristics in the Top of the European Wealth Distribution
People
Humer, Stefan (Details)
Moser, Mathias (Details)
Schnetzer, Matthias (Details)
Organization
Institute for Macroeconomics IN (Details)
Institute for Economic Geography and GIScience IN (Details)
Economics of Inequality FI (Details)
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