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Maybe it's not of much interest to economists, but I find median wealth quite interesting[0]. The data is a bit surprising, especially for USA. For example, it
by olalonde 4y ago
Maybe it's not of much interest to economists, but I find median wealth quite interesting[0]. The data is a bit surprising, especially for USA. For example, it ranks #26 for median wealth but #2 for mean wealth. It also shows that a random middle class Canadian is wealthier on average than a random middle class American[1]. As a side note, the data is probably heavily influenced by real estate prices.
[0] https://en.wikipedia.org/wiki/List_of_countries_by_wealth_per_adult https://en.wikipedia.org/wiki/List_of_countries_by_wealth_pe...
[1] Making some reasonable assumptions about wealth distributions.
- wodenokoto 4y agoIt is of interest to economists, and if you don't already know of the Gini coefficient, I am sure you will find it interesting too :)