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Are Germans poorer than other Europeans? The principal Eurozone differences in wealth and income

D’alessio, Giovanni, Gambacorta, Romina, Ilardi, Giuseppe, (2013), “Are Germans poorer than other Europeans? The principal Eurozone differences in wealth and income”, www.voxoeu.org, 24 Μαΐου.

The ECB’s recent survey on household finances and consumption threw up some unexpected results – counter-intuitively, the average German household has less wealth than the average Mediterranean household. In line with a recent VoxEU.org contribution from De Grauwe and Ji, this article analyses the principal differences in wealth and income between the main Eurozone countries.