Measuring the Gender Asset Gap: Evidence from Spain

While the income gender gap has been widely researched to date, less attention has been paid to the wealth gender gap. This paper analyses individual-level data taken from the Spanish tax agency between 2012 and 2017 and documents the existence of an increasing wealth gap in Spain in this period. Th...

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Detalles Bibliográficos
Autores: Ruiz Gómez, Juan Rafael, Villanueva Cortés, Paloma, Stupariu, Patricia
Tipo de recurso: artículo
Fecha de publicación:2023
País:España
Institución:Universidad Complutense de Madrid (UCM)
Repositorio:Docta Complutense
Idioma:inglés
OAI Identifier:oai:docta.ucm.es:20.500.14352/97493
Acceso en línea:https://hdl.handle.net/20.500.14352/97493
Access Level:acceso abierto
Palabra clave:B54
D31
P48
Wealth
Social inequality
Income and wealth
Taxation
Spain
Hacienda Pública
5301 Política Fiscal y Hacienda Publica Nacionales
5399 Otras Especialidades económicas
Descripción
Sumario:While the income gender gap has been widely researched to date, less attention has been paid to the wealth gender gap. This paper analyses individual-level data taken from the Spanish tax agency between 2012 and 2017 and documents the existence of an increasing wealth gap in Spain in this period. Through a comparative analysis, we find a clear difference in wealth accumulation patterns between the two genders, especially with regards to holdings of equity in productive companies. We also find that both women and men in the highest quantiles of the wealth distribution have increased their wealth and that men hold more assets that women. With respect to income distribution, the data shows that men’s income accounts for a larger share of total income, which reinforces the gender gap related to economic resources.