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Wealth in Latin America: Evidence from Chile,Colombia, Mexico and Uruguay
Authors:Néstor Gandelman  Rodrigo Lluberas
Affiliation:Universidad ORT Uruguay
Abstract:Drawing on recently-available microdata from financial surveys, this paper presents harmonized indicators for household wealth, its components, and its determinants in four Latin American countries (Chile, Colombia, Mexico and Uruguay), using Spain as a comparison benchmark. The paper analyzes the relationship between wealth indicators and sociodemographic characteristics of household heads (age, education, gender, marital status). For Uruguay, we are also able to analyze wealth patterns and intergenerational mobility (inheritance, family businesses and parental education).
Keywords:wealth  income  distribution  Latin America
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