Deploying data from the German Socio-Economic Panel (SOEP) we analyze the variability of individual earnings and equivalent household income. Permanent and transitory variances of male income over the period 1984-2008 are estimated for Old German Laender in order to determine their importance to...

We have developed and implemented a new sampling strategy to better represent very wealthy individuals in the German Socio-Economic Panel (SOEP). Our strategy is based on the empirical regularity that the very wealthy have at least part of their assets invested in businesses, and that businesses...