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, we use data from the German Socio-Economic Panel (2002–17) to examine the level of and inequality in wealth for children … from single-parent families using recentred influence function regression and decomposition analysis. We replicate earlier …, inequality between children from single-parent families is higher than for other family types and this inequality can only partly …
Persistent link: https://www.econbiz.de/10013448511
Research on wealth inequality usually focuses on real and financial assets, while pension wealth – the present value of …
Persistent link: https://www.econbiz.de/10011509132
We provide levels of, compositions of, and inequalities in household augmented wealth – defined as the sum of net worth and pension wealth – for two countries: the United States and Germany. Pension wealth makes up a considerable portion of household wealth: about 48% in the United States...
Persistent link: https://www.econbiz.de/10012960058
Research on wealth inequality usually focuses on real and financial assets, while pension wealth – the present value of …
Persistent link: https://www.econbiz.de/10012987251
Individuals with assets in the millions of euros have been underrepresented in population surveys and accordingly little has been known about them. As a result, the full extent of wealth concentration in Germany was unknown. To close the existing data gap, the Socio-Economic Panel (SOEP) inte-...
Persistent link: https://www.econbiz.de/10012262359
We provide levels of, compositions of, and inequalities in household augmented wealth - defined as the sum of net worth and pension wealth - for two countries: the United States and Germany. Pension wealth makes up a considerable portion of household wealth: about 48% in the United States and...
Persistent link: https://www.econbiz.de/10011622210
Economic growth varies substantially across regions and over time. This paper shows that economic growth in a person's birth place is an important determinant for wealth in adulthood. We exploit a new dataset that oversamples wealthy individuals in Germany and includes information on birth...
Persistent link: https://www.econbiz.de/10013330661
Who makes it to the top? We use the leading, socio-economic survey in Germany supplemented by extensive data on the rich to answer this question. We identify the key predictors for belonging to the top 1 percent of income, wealth, and both distributions jointly. Although we consider many, only a...
Persistent link: https://www.econbiz.de/10014468907
We have developed and implemented a new sampling strategy to better represent very wealthy individuals in the German Socio-Economic Panel (SOEP). Our strategy is based on the empirical regularity that the very wealthy have at least part of their assets invested in businesses, and that businesses...
Persistent link: https://www.econbiz.de/10012390086
There is growing interest in understanding how gender influences the accumulation of wealth. While prior studies focused on labor-related determinants, our research focuses on inheritances and gifts. Using unique survey data that oversamples the top 1% of wealth holders in Germany, we show that...
Persistent link: https://www.econbiz.de/10015074456