Abdul Khalid, Muhammed (2011) Malaysia household wealth distribution: Current evidence and future prospects. In: National Conference on the Tenth Malaysia Plan: Transformation Towards a High Income Advanced Economy, 18th July 2011, Seri Pacific Hotel, Kuala Lumpur. (Unpublished)

PDF Restricted to Registered users only Download (413kB)

Abstract

The paper studies the distribution and inequality of wealth among the household per capita in Malaysia, using the 2007 Malaysia’s Household Income Survey (HIS) data. Consistent with findings with other countries, the distribution of wealth are more skewed than of income. The distribution of wealth shows that the top 10% of Malaysian households per capita control 35% of the country’s wealth, while the bottom 40% own 8%. The decomposition of wealth shows that the Gini coefficient for savings is 0.98, while the figure for investment asset and real estate assets are 0.90 and 0.52 respectively. It is expected that wealth inequality will widen in the future due to several factors such as liberalization of higher education policy and pro-rich tax treatment.

Item Type:	Conference or Workshop Item (Paper)
Additional Information:	Organized by International Journal of Management Studies (IJMS), Universiti Utara Malaysia, Malaysia Institute of Economic Research (MIER) and UUM Press
Uncontrolled Keywords:	Inequality; Malaysia; wealth.
Subjects:	H Social Sciences > HC Economic History and Conditions
Divisions:	UNSPECIFIED
Depositing User:	Mrs. Norazmilah Yaakub
Date Deposited:	27 Dec 2011 07:49
Last Modified:	27 Dec 2011 07:49
URI:	https://repo.uum.edu.my/id/eprint/4487

Actions (login required)

View Item