scholarly journals The Wealth Inequality of Nations

2021 ◽  
pp. 000312242110278
Author(s):  
Fabian T. Pfeffer ◽  
Nora Waitkus

Comparative research on income inequality has produced several frameworks to study the institutional determinants of income stratification. In contrast, no such framework and much less empirical evidence exist to explain cross-national differences in wealth inequality. This situation is particularly lamentable as cross-national patterns of inequality in wealth diverge sharply from those in income. We seek to pave the way for new explanations of cross-national differences in wealth inequality by tracing them to the influence of different wealth components. Drawing on the literatures on financialization and housing, we argue that housing equity should be the central building block of the comparative analysis of wealth inequality. Using harmonized data on 15 countries included in the Luxembourg Wealth Study (LWS), we demonstrate a lack of association between national levels of income and wealth inequality and concentration. Using decomposition approaches, we then estimate the degree to which national levels of wealth inequality and concentration relate to cross-national differences in wealth portfolios and the distribution of specific asset components. Considering the role of housing equity, financial assets, non-housing real assets, and non-housing debt, we show that cross-national variation in wealth inequality and concentration is centrally determined by the distribution of housing equity.

2021 ◽  
Author(s):  
Fabian T. Pfeffer ◽  
Nora Waitkus

Comparative research on income inequality has produced several coherent frameworks to study the institutional determinants of income stratification. In contrast, no such framework and much less empirical evidence exist to explain cross-national differences in wealth inequality. This situation is particularly lamentable as cross-national patterns of inequality in wealth diverge sharply from those in income. We seek to pave the way for new explanations of cross-national differences in wealth inequality by tracing them to the influence of different wealth components. Drawing on the literatures on financialization and housing, we argue that housing equity should be the central building block of the comparative analysis of wealth inequality.Using harmonized data on fifteen countries included in the Luxembourg Wealth Study (LWS), we first demonstrate a lack of association between national levels of income and wealth inequality and concentration. Using decomposition approaches, we then estimate the degree to which national levels of wealth inequality and concentration relate to cross-national differences in wealth portfolios and the distribution of specific asset components. Considering the role of housing equity, financial assets, non-housing real assets, and non-housing debt, we reveal that cross-national variation in wealth inequality and concentration is centrally determined by the distribution of housing equity. (Stone Center on Socio-Economic Inequality Working Paper)


Author(s):  
Mona Lena Krook

Comparative research highlights electoral systems as an important variable explaining cross-national variations in women’s political representation worldwide. This chapter summarizes key patterns in women’s representation globally. It maps existing research on gender and electoral systems, focusing on the role of electoral formulas, district and party magnitude, and ballot structure in shaping women’s opportunities to be elected. It then identifies three areas within the gender literature that have foregrounded elements of electoral systems to generate new insights into central dynamics of political life. The chapter concludes with a discussion of emerging areas of research related to gender, electoral systems, and political representation.


Societies ◽  
2020 ◽  
Vol 10 (3) ◽  
pp. 62
Author(s):  
Michal Kozák

This paper examines cross-national differences in job preference orientations from the perspective of job quality. In particular, it investigates the extent to which preferences of workers in 25 developed societies are shaped by the intrinsic quality of jobs and its institutional determinants, as highlighted by varieties of capitalism (VoC) and power resources theory (PRT). The study uses multi-level models with country-specific random intercepts fitted to individual data from the International Social Survey Programme’s 2015 Work Orientations module, paired with institutional indicators from various sources. The results show that workers within countries tend to be oriented towards the same types of rewards that their jobs offer, with the intrinsic quality of work standing out as the most important factor of all. This logic extends to the cross-national variation in job preference orientations, which is strongly related to the average intrinsic quality of jobs in national labor markets and its institutional factors emphasized by PRT, rather than VoC.


Urban History ◽  
2021 ◽  
pp. 1-18
Author(s):  
Anna Maleszka ◽  
Roman Czaja

Abstract This article presents comparative research on the role of towns and urban networks in the process of constructing space during conquest and colonization in selected ‘non-Roman’ regions of Europe in the twelfth and thirteenth centuries. It focuses on Kulmerland in Prussia and Meath in Ireland. In both regions, the creation of urban networks and new regional spaces entailed the use of pre-existing settlement. However, reception intensity was determined by both the state of preservation of the earlier settlement and the needs of territorial authorities. This comparison shows ways of using symbolic potential (names, central places) and former settlement points for the construction of cities. In both territories, the functions of central places were particularized due to subinfeudation.


2020 ◽  
Vol 38 (English Version) ◽  
pp. 235-239
Author(s):  
Jan Zieliński

A personal review of the book version of Ewangelina Skalińska’s doctoral thesis devoted to Norwid and Dostoevsky. It discusses the threefold composition of the dissertation and underlines the dashing comparative analysis of Norwid’s Assunta and Dostoevsky’s A Gentle Creature. The open character of the research project is stressed. The reviewer discusses in detail another parallel, between two London texts: Norwid’s The Larva and Dostoevsky’s Winter Notes on Summer Impressions. In conclusion there is a passage on the inspiring role of Skalińska’s book, which fills an important gap and draws a horizon for the future comparative research.


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