RT Journal Article
SR Electronic
T1 Comparing Child Wealth Inequality Across Countries
JF RSF: The Russell Sage Foundation Journal of the Social Sciences
FD Russell Sage Foundation
SP 28
OP 49
DO 10.7758/RSF.2021.7.3.02
VO 7
IS 3
A1 Fabian T. Pfeffer
A1 Nora Waitkus
YR 2021
UL http://www.rsfjournal.org/content/7/3/28.abstract
AB This article compares the wealth situation of children across fourteen countries. Children experience lower levels of wealth than the rest of the population, seniors in particular. We show that, in most countries, child wealth is distributed substantially more unequally than the wealth of seniors. We also demonstrate that an international ranking of child wealth inequality diverges sharply from one based on child income inequality. The wealth situation of children in the United States is exceptional: they lag further behind seniors in terms of their wealth and face the highest levels of wealth inequality and, by far, wealth concentration.