Dear Colleague,

We cordially invite you to the wiiw-FIW-Seminar in International Economics on

Thursday, 23 June, 4 pm

wiiw, Rahlgasse 3, 1060 Vienna, Library (2^nd floor)

The Gender Wealth Gap in Europe

Alyssa Schneebaum (with Miriam Rehm, Katharina Mader and Katarina Hollan)

Vienna University of Economics and Business (WU)

Abstract

This paper studies the gap in wealth holdings between male and female single households using 2010 Household Finance and Consumption Survey data for 10 European countries. The analysis employs OLS and quantile regressions and ﬁnds that there is no wealth gap across most of the wealth distribution, but that male households have between 30% and 76% more net wealth than female households at the very top of the distribution. Differences in labour market characteristics, in particular earnings and the ownership of business assets, explain much of the difference in the gender wealth gap between the 70th and 90th percentiles.

Keywords: Gender; Wealth; Wealth Gap; Distribution

JEL Codes: D31, J16, E21

After the seminar there will be the opportunity for the speaker and the audience for further discussions, accompanied by drinks and snacks.

This seminar series is an activity in the framework of FIW ('Forschungsschwerpunkt Internationale Wirtschaft'), which is a project designed to build a center of excellence in research on International Economics, funded by the Austrian Ministry of Science, Research and Economy (BMWFW).

The seminar programme is regularly updated. Please visit our website for the current version of the programme at:

http://wiiw.ac.at/fiw-wiiw-seminars-in-international-economics-es-6.html

http://www.fiw.ac.at/index.php?id=748

(Papers and presentation slides, as far as available, are posted on our homepage http://wiiw.ac.at/events.html after the respective seminars.)

Best regards

Julia Grübler

Organizer

Michaela Bönisch

Wiener Institut für Internationale Wirtschaftsvergleiche (wiiw)

The Vienna Institute for International Economic Studies

Rahlgasse 3, A-1060 Wien

T: +43 1 533 66 10 - 40