🇪🇸 How is wealth distributed in Spain ? This study, co-authored by G.A. Marrero @cmtneztt.bsky.social @juancpal.bsky.social & D.Petrov, is the first systematic analysis of regional wealth inequality in Spain. Key findings in 🧵[1/5] wid.world/news-article...
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📊Study co-authors combined administrative fiscal data + household surveys + national accounts between 2016-2022. 👩👩👦👦 ≈ a panel representative of 2.9M individuals (1M households) at national/regional level (except Basque Country & Navarra). 🔴The data is freely accessible on spainwealthatlas.world 2/5
In Spain, like everywhere in the world, wealth distribution is much more unequal than income. The top 1% accumulates a quarter of the wealth; the top 10%, 60%. This is more or less in line with neighboring countries. [3/5]
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The asset portfolio changes a lot depending on the wealth level of households: 🔹For the bottom 20%, current accounts are the most relevant asset, ≈ 60% of their portfolio. 🔹For the top 10%, investment properties, business assets, and especially equities and investment funds are more important. [4/5]
The study is available in Spanish on @esade EcPol's website: www.esade.edu/ecpol/es/pub...