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). We construct a heterogenous-agent framework in which both growth and the distribution of wealth are endogenous. Due to … adjustments in the distribution of wealth, the composition of factor ownership across households equalizes in the long run. This … that leads to a more equitable wealth distribution unambiguously reduces growth in the long run. …
Persistent link: https://www.econbiz.de/10004963878
The idea of higher wealth taxes to finance the mounting public debt in the wake of the financial crises is gaining … net wealth that is currently on the German political agenda. We use survey data from the German Socio-Economic Panel (SOEP …) and estimate the net wealth distribution at the very top, based on publicly available information about very rich Germans …
Persistent link: https://www.econbiz.de/10009150563
The definition and operationalization of wealth information in population surveys and the corresponding microdata …-data-collection stage may interfere consid-erably with the substantive research question. Looking at wealth data from the German SOEP, this … analysis affects wealth distri-bution and inequality analysis. Obviously, when measured in "per capita household" terms, wealth …
Persistent link: https://www.econbiz.de/10005068905
Many studies analyzed in depth how aging affects aggregate economic performance. But analyses of these effects on the employment structure are scarce and they do not consider that consumption patterns, the supply of goods and services, and also sectoral labor productivity are all likely to...
Persistent link: https://www.econbiz.de/10004963608
Whereas life expectancy continues to increase in most industrialized countries many developing and transition countries are today confronted with decreases in life expectancy. Usual measures employed to compare welfare over time and space fail to deal with such demographic change and may lead to...
Persistent link: https://www.econbiz.de/10004963677
We analyze the impact of changing employment patterns and pension reforms on the future level of public pensions across birth cohorts in Germany. The analysis is based on a rich dataset that combines household survey data from the German Socio-Economic Panel Study (SOEP) and process-produced...
Persistent link: https://www.econbiz.de/10008519435
Russia and Ukraine are in the process of many changes stemming from economic transition, restructuring, demographic change and other various ongoing challenges. In terms of the ongoing challenges in each country, there are specific problems related to historical developments, such as large scale...
Persistent link: https://www.econbiz.de/10008470334
In this study, we investigate whether population aging influences employment shares in different economic sectors. To this end, we employ dynamic panel data analysis. Our unbalanced data set comprises 54 countries and extends to a maximum time period from 1970 till 2004. Our results suggest that...
Persistent link: https://www.econbiz.de/10005068722
Over the last decades the German education system underwent numerous reforms in order to improve "equality of opportunity", i.e. to guarantee all pupils equal access to higher education. At the same time internationally comparative evidence yields that Germany features particularly low...
Persistent link: https://www.econbiz.de/10005068844
Die amtliche Statistik weist für die letzten Jahre einen steigenden Anteil an kinderlosen Frauen aus. Die Kinderlosigkeit von Männern blieb bisher weitgehend unberücksichtigt. Ziel dieses Beitrages ist es, die sozialstrukturellen Rahmenbedingungen unter denen eine Familiengründung ausbleibt...
Persistent link: https://www.econbiz.de/10005068872