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Austria: Distribution of Wealth Extremely Unequal

Published: January 13, 2014; 15:56 · (Vindobona)

The top one percent of Austrian households possesses more than 50 percent of all investment income.

Austria: Distribution of Wealth Extremely Unequal / Picture: © Flickr

According to a study carried out by the Vienna University for Economics and Business Administration (WU) in cooperation with the Austrian Chamber of Labor, incomes from assets (rents, capital income, company participations) are extremely unequally distributed in Austria. The study examined the income of Austrian working households, both from selfemployed activities or paid employment…

This article includes a total of 431 words.

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