Wealth Inequality in Europe and the Delusive Egalitarianism of Scandinavian Countries

Abstract

Abstract Past social inequality research mainly focused on labor market processes and income distributions. We argue that in order to achieve a more profound picture of economic well-being analyzing wealth and not income seems to be more adequate because income is only one dimension to explain individuals' (economic) well-being. In our study we are investigating the distribution of wealth among the elderly across Europe drawing on Esping-Andersen's typology of welfare states. Our analyses based on data from the SHARE project suggest (1) a strong variation in the wealth distribution between European countries, an

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