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We analyze the top tail of the wealth distribution in Germany, France, Spain, and Greece based on the Household Finance … and Consumption Survey (HFCS). Since top wealth is likely to be underrepresented in household surveys we integrate the big … of household wealth in Germany jumps up from 24 percent in the HFCS alone to 33 percent after top wealth imputation. For …
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. Investment is negatively affected by private wealth in the USA and the UK, but positively in France and Germany. … changes in income distribution and in private wealth on consumption and investment covering a period from as early as 1855 … until 2010 for the UK, France, Germany and USA, based on the dataset of Piketty and Zucman (2014). We contribute to the post …
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The role played by parental wealth in facilitating the life chances and living standards of offspring is a topic of … children is provided in the form of assistance with a home purchase. This paper examines the impact of parental wealth and … transfers of wealth on several aspects of the homeownership decision – the timing of the purchase, the cost of the home, and the …
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remain. This is particularly true for the distribution of net wealth which is of special importance for the well-being of … individuals. Wealth provides utility in a number of ways, for instance, by acting as a buffer against negative income shocks …. Using the wealth component of the German Socio-Economic Panel (GSOEP), we find that, on average, members of western …
Persistent link: https://www.econbiz.de/10011348393