Estimating Wealth Distribution: Top Tail and Inequality (R source code)

Here you can find additional material to the following publication:


Recently, there has been considerable interest in estimating the wealth distribution and in measurements of indicators for inequality. While the above technical report describes the mathematical methods for computing these estimators from survey data, the source code provided below gives you the opportunity to reproduce the results from the above study and to apply it to other countries.

R source code

To run this code, you will need the R language for statistical computing. For the Monte-Carlo simulations, you will additionally need the R package actuar.

Available releases (see the file README for usage instructions):

This code does not include any survey data. Please contact the European Central Bank if you are interested in the Eurosystem Household and Consumption Survey (HFCS) data set.

Authors and license

The source code is copyrighted by Christoph Dalitz, Institute for Pattern Recognition, Niederrhein University of Applied Sciences, Krefeld, Germany. It may be used freely under the terms of the GNU General Public License. Please cite the Technical report listed at the top of this page as a reference when building upon this code.