What drives the growth of private wealth? Has inequality increased? How does tax policy shape wealth across generations? Now published in Nature-Scientific Data: the data descriptor of the GC Wealth Project Data Warehouse by @stone-lis.bsky.social & Roma Tre University
www.nature.com/articles/s41...
[WID.world update]
Our R and Stata tools are now upgraded to support larger downloads (database grew fast and some workflows were failing). New releases are live on CRAN (R) and SSC (Stata).
Previous fails with Java-related errors should now run.
Problems? stats@wid.world
@wid.world
To make the most of the World Inequality Database, consult the DINA Guidelines and other resources: wid.world/methodology/
This 3rd edition includes improved or new:
🔹macro aggregates
🔹income and wealth definitions
🔹data-quality flags
🔹sections on wealth distribution and gender inequality
There's less than 1️⃣ month to go until the deadline for submissions to our #CallForPapers for the 2026 World Inequality Conference.
🏃♀️Hurry up and submit your paper by 1 December!
inequalitylab.world/en/event/wor...
📄 The Inequality (or the Growth) We Measure: Data Gaps and the Distribution of Incomes
New paper by Facundo Alvaredo, Mauricio De Rosa, @ignacioflores.bsky.social and Marc Morgan
Read it now ⬇️
buff.ly/9GwqB3v
📢 We’re excited to announce that the 3rd edition of the World Inequality Conference will take place on 4–5 June 2026 in Paris.
📄The call for papers is now open — submit by December 1!
▶️ inequalitylab.world/en/event/wor...
@pse.bsky.social @cris-sciencespo.bsky.social @taxobservatory.bsky.social
New WP on @wid.world by @ignacioflores.bsky.social , @bcastronofal.bsky.social & @pgutiecu.bsky.social.
Despite a slight decline since 2016, Chile's wealth inequality remains very high. Macroeconomic shifts, housing and pension policies are central to wealth dynamics.
💥 “It sounds like we should tax billionaires…”
A 2% minimum tax on the ultra-rich is the punchline with a plan: make them pay what ordinary people already do.
With growing global momentum, this is no longer just theory.
Read: www.ft.com/content/859e...
@bcastronofal.bsky.social @pgutiecu.bsky.social @wid.world
All methodological details and more in the working paper:
wid.world/document/fro...
Despite fluctuations in wealth components, Chile’s overall wealth inequality (Gini ≈ 0.8) remained high and relatively stable over the period, reflecting structural inequality. Housing and pension policies are central to wealth dynamics, they can reshape the distribution, affecting financial risk.
Pension withdrawals shrank wealth at the bottom of the distribution. While some repaid debt, their pension wealth sharply declined. Withdrawals were regressive: lower-income individuals drained substantial portions of their savings—sometimes over 50%—reflecting policy impacts on wealth inequality.
Real asset gains benefited all, but predominantly middle-income households, given their portfolio composition. Pension withdrawals disproportionately hit lower-middle percentiles. Despite rising house prices benefiting the middle class, pension asset liquidation significantly impacted the poorest.
The top 10% owns roughly two-thirds of Chile's wealth, while the richest 1% alone holds nearly 40%. Although massive, inequality slightly declined since 2016.
Chile’s private wealth soared to over 3x GDP between 2007 and 2021, driven by housing appreciation, especially after 2016's real estate tax reform. Real assets led growth, overshadowing financial assets and pension funds.
Check out our new paper. We explore how housing booms and pension withdrawals reshaped wealth inequality from 2007-2021 in Chile. A story of macroeconomic shifts and extreme inequality.
🔎New study on #wealth #inequality in Chile by @bcastronofal.bsky.social, @ignacioflores.bsky.social & @pgutiecu.bsky.social 🇨🇱
🔹 The top 10% own ⅔ of national private wealth
🔹 Wealth inequality declined (2007-2021) due to rising housing prices & pension fund withdrawals
🔗 wid.world/news-article...
