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Estimating the Top Tail of the Wealth Distribution

Philip Vermeulen

American Economic Review · 2016 · Volume 106 · Issue 5

DOI: 10.1257/aer.p20161021

Abstract

This paper uses the Household Finance and Consumption Survey to construct new estimates of top wealth shares in Germany, France, Spain, Italy, Belgium, Austria, Finland and The Netherlands. It provides a methodology to address simultaneously non-response and underreporting in wealth surveys.

Keywords

Personal Income, Wealth, and Their Distributions, Personal Income and Other Nonbusiness Taxes and Subsidies, includes inheritance and gift taxes, Tax Law

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