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Wealth of children from single-parent families: Low levels and high inequality in Germany
Lersch, Philipp M.; Grabka, Markus M.; Rüß, Kilian; … - In: Journal of European Social Policy 31 (2021) 5, pp. 565-579
, 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
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Confronting the Robinson Crusoe paradigm with household-size heterogeneity
Koulovatianos, Christos; Schröder, Carsten; Schmidt, Ulrich - 2008
Modern macroeconomics empirically addresses economy-wide incentives behind economic actions by using insights from the way a single representative household would behave. This analytical approach requires that incentives of the poor and the rich are strictly aligned. In empirical analysis a...
Persistent link: https://www.econbiz.de/10010298407
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Confronting the representative consumer with household-size heterogeneity
Koulovatianos, Christos; Schröder, Carsten; Schmidt, Ulrich - 2010
Much analysis in macroeconomics empirically addresses economy-wide incentives behind consumer/investment choices by using insights from the way a single representative household would behave. Heterogeneity at the micro level can jeopardize attempts to back up the representative consumer...
Persistent link: https://www.econbiz.de/10010278011
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Do demographics prevent consumer aggregates from reflecting micro-level preferences?
Koulovatianos, Christos; Schröder, Carsten; Schmidt, Ulrich - 2014
Most simulated micro-founded macro models use solely consumer-demand aggregates in order to estimate deep economy-wide preference parameters, which are useful for policy evaluation. The underlying demand-aggregation properties that this approach requires, should be easy to empirically disprove:...
Persistent link: https://www.econbiz.de/10010421122
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Confronting the representative consumer with household-size heterogeneity
Koulovatianos, Christos; Schröder, Carsten; Schmidt, Ulrich - 2010
Much analysis in macroeconomics empirically addresses economy-wide incentives behind consumer/investment choices by using insights from the way a single representative household would behave. Heterogeneity at the micro level can jeopardize attempts to back up the representative consumer...
Persistent link: https://www.econbiz.de/10010285745
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The joint distribution of net worth and pension wealth in Germany
Bönke, Timm; Grabka, Markus M.; Schröder, Carsten; … - 2016
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
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Do demographics prevent consumer aggregates from reflecting micro-level preferences?
Koulovatianos, Christos; Schröder, Carsten; Schmidt, Ulrich - 2014
Most simulated micro-founded macro models use solely consumer-demand aggregates in order to estimate deep economy-wide preference parameters, which are useful for policy evaluation. The underlying demand-aggregation properties that this approach requires, should be easy to empirically disprove:...
Persistent link: https://www.econbiz.de/10010419864
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A Head-To-Head Comparison of Augmented Wealth in Germany and the United States
Boenke, Timm - 2017
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
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The Joint Distribution of Net Worth and Pension Wealth in Germany
Boenke, Timm - 2016
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
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Millionaires under the microscope : data gap on top wealth holders closed : wealth concentration higher than presumed
Schröder, Carsten; Bartels, Charlotte; Göbler, Konstantin - In: DIW weekly report : economy, politics, science : a … 10 (2020) 30/31, pp. 313-322
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