EUROFOUND

Wealth Distribution and Social Mobility

The European Foundation for the Improvement of Living and Working Conditions (Eurofond), an agency of the European Union, had commissioned a report on “Wealth distribution and social mobility”, which has been published in March 2021. The report explores the distribution of household wealth in the EU member states and analyses the role of wealth in social mobility. SHARE has served as one of three datasets used to compare wealth composition across social groups and countries. A key finding was that in order to promote equality of opportunities in terms of access to education and housing, the impact of wealth inequalities should be counterbalanced. Further, the report suggests that regularizing wealth declaration in the EU could be away of promoting social justice. Other topics are the enormous wealth gap in the EU, inclusive growth and housing policies.

 

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