Assessing determinants of Household Wealth Inequality: A Case Study of Lusaka Central Constituency

Household wealth inequality refers to the unequal distribution of wealth among Households within a society. Factors such as education, employment and inflation significantly contribute to this phenomenon. The general objective of this research study was to determine Economic factors affecting Household wealth inequality. This is a case study of Lusaka Central Constituency randomly selected households. Specific objectives of the study were to; to analyse the effects of employment status (income inequality) on household wealth inequality; to analyse the effects of Household demographics (Family size, Employment, Education, profession, age, gender) on Household wealth inequality and to assess effects of inflation on Household wealth inequality. This research employed a case study among other designs of study. Target population is the entire aggregation of respondents whose need meet the designation set of criteria (Kalpesh, J, 2010). Creswell (2008) refer to population as “a group of individuals objects or items from which samples are taken for measurement.” The population of the study comprised of participants within the study area. This study targeted a population of ninety (90) from within the catchment area. Respondents from within Lusaka; participated in the survey questions and also sample a few participants as key informants based on their experience in the study. This research used both primary and secondary data collection techniques. The Primary data helped in collecting data direct from the respondents using different tools while secondary data involved collecting of data from what has been coined by other scholars in form of books, online publications, journals, previous researches and many other secondary sources of data. The Statistical Package for Social Sciences (SPSS) was used for analyzing the empirical data for this paper. This study will contribute to the existing literature on wealth inequality, providing insights into specific context of Lusaka, Lusaka District and the findings will inform policy interventions aimed at reducing household inequality and promoting inclusive economic growth, The study’s results will have implications for resource allocation, social welfare programs and economic development initiatives in the area.