Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/267551 
Year of Publication: 
2022
Series/Report no.: 
GLO Discussion Paper No. 1212
Publisher: 
Global Labor Organization (GLO), Essen
Abstract: 
The literature on wealth inequality is expanding very fast. Wealth is usually more concentrated than income. However, traditional measures of wealth inequality are based only on private wealth, and thus exclude public pension entitlements. In this chapter, the literature on the impact of public pension entitlements on wealth inequality is discussed. Empirical research shows, that wealth inequality is significantly reduced after accounting for public pension wealth. The value of Gini index is usually reduced by 20 - 40%.
Subjects: 
Inequality
Public Pensions
JEL: 
D31
H55
Document Type: 
Working Paper

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