Comparing Child Wealth Inequality Across Countries

Wealth Inequality and Concentration Among Children, Adults, and Seniors

Source: Authors’ tabulations based on the Luxembourg Wealth Study (LWS 2020).

Note: Inequality in wealth is measured using the net worth Gini coefficient. Concentration is measured as the net worth share held by the top 5 percent of the wealth distribution. Each measure is calculated separately among children (seventeen and younger), adults (eighteen to sixty-four), and seniors (sixty-five and older). For country labels and estimates, see table A2.

Child Wealth Inequality Versus Child Income Inequality

Source: Authors’ tabulations based on the Luxembourg Wealth Study (LWS 2020).

Note: Inequality in wealth and income is measured using the Gini coefficient. Concentration is measured as the net worth (income) share held by the top 5 percent of the wealth (income) distribution. The dotted line is the fitted OLS line including the United States, the solid line is the fitted OLS line excluding the United States. For country labels and estimates, see table A1.

Wealth Gaps: Individual Versus Household Level

Source: Authors’ tabulations based on the Luxembourg Wealth Study (LWS 2020).

Note: Darker bars display the median net worth ratio between children and seniors (individual level), lighter bars the ratio between child households and senior households (household level). For country labels and estimates, see table A1.

Wealth Inequality: Individual Versus Household Level

Source: Authors’ tabulations based on the Luxembourg Wealth Study (LWS 2020).

Note: Inequality in wealth is measured using the net worth Gini coefficient. Concentration is measured as the net worth share held by the top 5 percent of the wealth distribution. Each measure is calculated separately among children (individual level) and among child households (household level). For country labels, see table A1.

Child Wealth Versus Child Income: Household Level

Source: Authors’ tabulations based on the Luxembourg Wealth Study (LWS 2020).

Note: Inequality in wealth and income is measured using the Gini coefficient. Concentration is measured as the net worth (income) share held by the top 5 percent of the wealth (income) distribution. The dotted line is the fitted OLS line including the United States, the solid line is the fitted OLS line excluding the United States. For country labels and estimates, see table A1.

Wealth Gaps: Without and with Household Size Adjustments

Source: Authors’ tabulations based on the Luxembourg Wealth Study (LWS 2020).

Note: Darker bars display median wealth ratios based on net worth without adjustments for household size, lighter bars median wealth ratios based on net worth adjusted by household size, 1/√n. For country labels and estimates, see table A1.

Wealth Inequality: Without and with Household Size Adjustment

Source: Authors’ tabulations based on the Luxembourg Wealth Study (LWS 2020).

Note: Inequality in wealth is measured using the net worth Gini coefficient. Concentration is measured as the net worth share held by the top 5 percent of the wealth distribution. Each measure is calculated separately among children, adults, and seniors and estimated without adjustment for household size (circles) and with adjustment for household size, 1/√n (squares). For country labels, see table A1.