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There has been a universal statutory minimum wage in Germany for a good four years, but many employees still do not receive it. This is the finding of new calculations based on the Socio-Economic Panel (SOEP), which have updated noncompliance with the minimum wage for 2017. Even conservative...
Persistent link: https://www.econbiz.de/10012042162
conversion strategy, and explain our results by means of an inequality decomposition by population subgroups. …, a reliable assessment of inequality in living standards, therefore, necessitates the conversion of the original …
Persistent link: https://www.econbiz.de/10010296295
We employ German Sample Survey Income data to examine income inequality and the financial situation of elderly citizens … with residence in the Old and the New German Laender. Inter-temporal changes in income inequality are also decomposed by … financially better-off compared to retired elderly. For reunified Germany, inequality is astonishingly stable over time, but rises …
Persistent link: https://www.econbiz.de/10010296302
The total number of dependent employees in Germany has increased by more than four million since the financial crisis. Part of this growth took place in the low-wage sector. Analyses based on data from the Socio-Economic Panel, which in 2017 for the first time include detailed information on...
Persistent link: https://www.econbiz.de/10011993702
Die Riester-Förderung soll dazu beitragen, dass häufiger und mehr für die Altersvorsorge gespart wird. Der Einfluss der Riester-Förderung auf die Sparneigung von Haushalten mit niedrigem Einkommen ist dabei ein zentrales Kriterium zur ökonomischen Evaluation dieser Politik. Unsere...
Persistent link: https://www.econbiz.de/10010296294
Since 2002 the German government has promoted private retirement saving plans by means of special subsidies and tax incentives (Riester scheme). This policy mainly targets low-income households. Using data from the German Socio-economic Panel, we scrutinize the impact of the Riester scheme on...
Persistent link: https://www.econbiz.de/10010298766
facilities. The redistributive effects of the feed-in tariff are evaluated by means of various inequality indices. All the … inequality measures indicate that Germany's feed-in tariff is mildly regressive. …
Persistent link: https://www.econbiz.de/10010306207
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/10012291446
Despite the booming German labor market, wage inequality is still a relevant issue. In the present study, the authors … wage inequality rose significantly between 1992 and 2005, in particular with respect to monthly and annual wages. Since … then inequality in monthly and annual wages has plateaued at its 2005 level. Inequality in hourly wages has decreased only …
Persistent link: https://www.econbiz.de/10011801165
According to Socio-Economic Panel (SOEP) data, inequality in gross monthly earnings in Germany increased significantly … being driven by higher hourly wage inequality, but rather by working hours: In recent years, employees with a high hourly … employees been able to work their desired number of hours, the rise in inequality would have been more moderate. A better work …
Persistent link: https://www.econbiz.de/10013371403