The wealth distribution is infamously top-heavy, while the decisive upper tail is missing from survey data on household wealth in European countries. We provide a novel quantile regression approach to estimate all parameters of the Pareto and Generalized Pareto distribution to adjust for the...

We investigate how previous generations of migrants and their children integrated into Austrian society, as measured by their wealth ownership. Using data from the Household Finance and Consumption Survey (HFCS), we document a positive average migrant wealth gap between migrant and native...