Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/55131
Authors: 
Peichl, Andreas
Pestel, Nico
Year of Publication: 
2011
Series/Report no.: 
Discussion paper series // Forschungsinstitut zur Zukunft der Arbeit 5926
Abstract: 
This paper suggests multidimensional affluence measures for the top of the distribution. In contrast to commonly used top income shares, they allow the analysis of the extent, intensity and breadth of affluence in several dimensions within a common framework. We illustrate this by analyzing the role of income and wealth as dimensions of multidimensional well-being in Germany and the US in 2007 as well as for the US over the period 1989-2007. We find distinct country differences with the country ranking depending on the measure. While in Germany wealth predominantly contributes to the intensity of affluence, income is more important in the US.
Subjects: 
top incomes
multidimensional measurement
richness
wealth
inequality
JEL: 
D31
D63
I31
Persistent Identifier of the first edition: 
Document Type: 
Working Paper

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