Working Paper No. 1131

Wealth Inequality in Sweden: What Can We Learn from Capitalized Income Tax Data?

Published: August 31, 2016Pages: 54Keywords: Wealth distribution; Capitalization method; Investment income method; Gini co-efficient; Top wealth shares; Great Recession JEL-codes: D31; H20; N32

Wealth Inequality in Sweden: What Can We Learn from Capitalized Income Tax Data? Jacob Lundberg and Daniel Waldenström

This paper presents new estimates of wealth inequality in Sweden during 2000–2012, linking wealth register data up to 2007 and individually capitalized wealth based on income and property tax registers for the period thereafter when a repeal of the wealth tax stopped the collection of individual wealth statistics. We find that wealth inequality increased after 2007 and that more unequal bank holdings and apartment ownership appear to be important drivers.

We also evaluate the performance of the capitalization method by contrasting its estimates and their dispersion with observed stocks in register data up to 2007. The goodness-of-fit varies tremendously across assets and we conclude that although capitalized wealth estimates may well approximate overall inequality levels and trends, they are highly sensitive to assumptions and the quality of the underlying data sources.

Daniel Waldenström


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Sick of Inequality?

An Introduction to the Relationship between Inequality and Health

Sick of Inequality.jpg

In this book Andreas Bergh, Therese Nilsson, IFN and Lund University, and Daniel Waldenström, IFN and Paris School of Economics, France, review the latest research on the relationship between inequality and health. What does inequality mean for our health? Does increasing income inequality affect outcomes such as obesity, life expectancy and subjective well-being?


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