Tennis Forum banner

501 - 505 of 505 Posts

·
Registered
Joined
·
397 Posts
Switzerland is way richer than GER and NED.
This is obvious, but not the point. The question is: with German home ownership of 51%, and higher than Swiss 42%, how come the RATIO of mean/median wealth is 2.5 for Swiss and 6.2 for Germany.

Moreover, take Germany and Austria. 51% and 55% home ownership. Very similar Gini coefficient of about 0.3 after tax (measure of income inequaliity). And again, mean/median ratios are 6.2 and 2.9

Somebody at Credit Suisse (which seems was the original source of those numbers for means and medians) had a bug in his calculator
 

·
Registered
Joined
·
3,840 Posts
'Wealth' comparisons might be misleading between countries due to different systems in pension, education etc. For example Finland has free education, so nobody keeps a college fund for their kids and thus don't have this 'wealth' stashed away.
 

·
Registered
Joined
·
1,820 Posts
501 - 505 of 505 Posts
Top