Capital Income in the Euro zone

Chamber of Labour, Vienna

The HFCS project of the ECB made it possible to - for the first time - get access to microeconomic data on wealth in Austria (and other Eurozone countries). Since the publication of the first wave of data in 2013 a lot of papers confirmed the high concentration of wealth in Austria. Income from wealth seems to be even higher concentrated and a discussion about taxation of wealth income is necessary. Therefore the project aims to illustrate the concentration of wealth income as well as the development and stability of wealth income over the two waves of HFCS data.