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The Size Distribution Of Personal Wealth In The Republic Of Ireland1

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  • Patrick M. Lyons

Abstract

This paper presents the results of applying the mortality multiplier approach to estate duty statistics in order to estimate the size distribution of personal wealth in the Republic of Ireland. It commences with an examination of the limitations of the estate duty statistics, a discussion of the problems involved in collecting the data, and a short consideration of the mortality multipliers used. Estimates are presented for the size distribution of personal wealth, and the distribution of wealth between age groups. Some comparisons are given with wealth in Northern Ireland, Great Britain and the U.S.A. Estimates of the components of personal capital were not found possible. Finally, preliminary estimates are made for the distribution of wealth among married and single persons, in order to provide the basis for an analysis of wealth possessed by wealth‐owning units (defined as single males, single females and married couples). By making extreme assumptions, upper and lower limits are placed on the actual pattern of the size distribution of wealth by wealth‐owning units.

Suggested Citation

  • Patrick M. Lyons, 1974. "The Size Distribution Of Personal Wealth In The Republic Of Ireland1," Review of Income and Wealth, International Association for Research in Income and Wealth, vol. 20(2), pages 181-202, June.
    • Handle: RePEc:bla:revinw:v:20:y:1974:i:2:p:181-202
    DOI: 10.1111/j.1475-4991.1974.tb00916.x
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    Cited by:

    1. Sandford, Cedric & Morrissey, Oliver, 1985. "The Irish Wealth Tax: A Case Study in Economics and Politics," Research Series, Economic and Social Research Institute (ESRI), number GRS123.

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