Quotation Schneebaum, Alyssa, Rehm, Miriam, Mader, Katharina, Hollan, Katarina. 2018. The Gender Wealth Gap Across European Countries. Review of Income and Wealth. 64 (2), 295-331.


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Abstract

This paper studies the gap in wealth between male and female single households using 2010 Household Finance and Consumption Survey data for eight European countries. In the raw data, a large gap emerges at the upper end of the unconditional distribution. While OLS estimates show no difference in average net wealth levels, quantile regressions at the 95th percentile yield mixed evidence for the gender wealth gap in different specifications. Labour market characteristics and participation in asset and debt categories largely explain the differences between male and female single households. The gender gap in net wealth is driven by gaps in gross wealth and its components, but is attenuated in four countries by gender gaps in (collateralized) debt. In the full specification, the unexplained gap in gross wealth amounts to 27 percent in Slovakia, 33 percent in France, 44 percent in Austria, 45 percent in Germany, and 48 percent in Greece.

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Publication's profile

Status of publication Published
Affiliation WU
Type of publication Journal article
Journal Review of Income and Wealth
Citation Index SSCI
WU Journalrating 2009 A
WU-Journal-Rating new FIN-A, VW-C, WH-B
Language English
Title The Gender Wealth Gap Across European Countries
Volume 64
Number 2
Year 2018
Page from 295
Page to 331
Reviewed? Y
URL https://onlinelibrary.wiley.com/doi/pdf/10.1111/roiw.12281
DOI na
Open Access Y

Associations

People
Schneebaum, Alyssa (Details)
Mader, Katharina (Details)
External
Hollan, Katarina (European Centre for Social Welfare Policy and Research, Austria)
Rehm, Miriam (AK Wien, Austria)
Organization
Institute for Institutional and Heterodox Economics IN (Details)
Economics of Inequality FI (Details)
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