Philippe Van Kerm on Wealth, Top Incomes, and Inequality

Although it is heartening to see wealth inequality being taken seriously, key concepts are often muddled, including the distinction between income and wealth, what is included in “wealth”, and facts about wealth distributions. Philippe Van Kerm discusses research (conducted with Frank Cowell, Brian Nolan, and Javier Olivera) that highlights the issues arising in making ideas and facts about wealth inequality precise, and presents newly-available data taking a fresh look at wealth and wealth inequality in a comparative perspective.