@TechReport{iza:izadps:dp9139,
            	author={Kontbay-Busun, Sine and Peichl, Andreas},
            	title={Multidimensional Affluence in Income and Wealth in the Eurozone: A Cross-Country Comparison Using the HFCS},
            	year={2015},
	month={Jun},
            	institution={Institute of Labor Economics (IZA)},
            	address={Bonn},
            	type={IZA Discussion Paper},
            	number={9139},
            	url={https://www.iza.org/publications/dp9139},
	abstract={This paper applies multidimensional affluence measures to a new dataset on income and wealth in 15 Eurozone countries. We start our analysis by examining the income and wealth distributions separately for each country, and extend it to a multidimensional setting by considering the joint distribution of income and wealth. The results indicate that, with the exception of Cyprus, France, Italy and Slovenia, less than 10% of households are affluent in both income and net wealth. Investigating the joint distributions of income and net wealth confirms that France demonstrates a more homogenous distribution of richness among affluent households compared to other countries in the sample. Portugal demonstrates a higher concentration of richness in the hands of a few compared to the majority of other countries in the sample. The degree of countries' affluence rankings differs with respect to the measures of multidimensional affluence considered.},
	keywords={top incomes;multidimensional measurement;richness;wealth;inequality},
            }