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Title:Household wealth in Latin America PDF Logo
Authors:Torche, Florencia
Spilerman, Seymour
Issue Date:2006
Series/Report no.:Research Paper, UNU-WIDER, United Nations University (UNU) 2006/114
Abstract:This paper provides a descriptive analysis of wealth ownership and wealth inequality in Latin American countries, using diverse published sources and primary data analysis for 16 nations. We produce estimates of the distribution of home ownership, land, and financial assets, and find very high wealth concentration in all these types of assets, with the partial exception home ownership. The relevance of informal assets and the historical patterns of wealth accumulation and concentration since colonial times are discussed. Mechanisms of intergenerational wealth transmission are analyzed for the Chilean case.
Subjects:wealth distribution
income distribution
Latin America
home ownership
informal sector
intergenerational transfers
JEL:D3
O54
ISBN:9291908983
Document Type:Working Paper
Appears in Collections:WIDER Research Papers, United Nations University (UNU)

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