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...

Research on wealth inequality usually focuses on real and financial assets, while pension wealth - the present value of future pension entitlements from public and company pension schemes - receives little attention. This is astonishing, given that pension plans play an important role for...

Equivalence Scales are a tool for removing the heterogeneity of household sizes in the measurement of inequality, and affect poverty assessments and poverty lines. We address the disadvantage that poor households may suffer due to their reduced ability to share goods within the household. This...

Education is not financed solely by the taxpayer-many institutions and activities require payment of top-up fees, at the very least. This applies for instance to education and care services for children. A household's private expenditure on education depends largely on the families' available...

Education is not financed solely by the taxpayer—many institutions and activities require payment of top-up fees, at the very least. This applies for instance to education and care services for children. A household’s private expenditure on education depends largely on the families’...