Inequality and Wealth: Comparing the Gender Wealth Gap in Switzerland and Australia

Ravazzini, Laura; Chesters, Jenny

doi:10.1080/13545701.2018.1458202

Cited by 23 publications

(22 citation statements)

References 38 publications

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“…Consequently, many studies on this topic are based on household-level data, which means that they either analyse the gender wealth gap only among households with one member (e.g. Schmidt and Sevak 2006;Schneebaum et al 2018, andRavazzini andChesters 2018) or impute the allocation of wealth within larger households using data from singlemember households (for an overview of the methods for this see Bonthieux and Meurs 2015). Both of these approaches have disadvantages because the unconditional gender wealth gaps vary over different household types.…”

Section: Introductionmentioning

confidence: 99%

What explains the gender gap in wealth? Evidence from administrative data

2020

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This paper studies the gender gap in net wealth. We use administrative data on wealth that are linked to the Estonian Household Finance and Consumption Survey, which provides individual-level wealth data for all household types. The unconditional gender gap in mean wealth is 45%, but this sizeable gap in means originates mainly from the top tail of the distribution, where men have much more wealth than women, while the gender differences in wealth are statistically insignificant in most of the lower wealth quintiles. At the top of the distribution the differences in wealth can be explained by larger self-employment activity of men. Men have more business wealth than women do, and the gender wealth gap is the largest for this asset class. The gender wealth gaps across different household types are very heterogeneous. The unconditional gaps in wealth are strongly in favour of men throughout most of the wealth distribution for married couples. For single-member households, on the other hand, the raw gaps are in favour of women in the lower half of the wealth distribution. These raw gaps in opposite directions can mostly be explained by differences in the observed characteristics of men and women among married couples vs single people.

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Section: Introductionmentioning

confidence: 99%

What explains the gender gap in wealth? Evidence from administrative data

2020

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“…The effects might be different for some family types, particularly for single parents (Austen et al 2014). Controlling for other factors, the results from Switzerland indicate that single mothers have 17,890 CHF less in non-housing wealth than childless single women (Ravazzini and Chesters 2018). This difference is large, but single mothers are not representative of the overall population and constitute a particularly disadvantaged and vulnerable group (Grinstein-Weiss et al 2008).…”

Section: Previous Findings On the Effect Of Children On Wealth And Samentioning

confidence: 96%

Wealth, Savings and Children Among Swiss, German and Australian Families

Ravazzini

Kuhn

2018

Life Course Research and Social Policies

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“…Discontinuous employment trajectories and lower (lifetime) earnings translate into lower wealth levels (e.g. Lersch et al 2017;Ruel/Hauser 2013;Sierminska et al 2010;Sierminska et al 2019;Warren et al 2001) but also education and asset ownership impact the GWG (Ravazzini/Chesters 2018;Schneebaum et al 2018).…”

Section: Gender Differences In Wealthmentioning

confidence: 99%